Great question Luke, As a lender we use your personal income and the income from your properties to qualify you for the mortgage. 

Not sure about loan LLC situation but if your investment properties are with you LLC then you can use that to count as income.

However, I am better, at relatively and enough for myself, investing in dividend growth and income. 

The method you mentioned (BRRRR) is operating on the calculated risk that the property's value will appreciate enough (after renovations) that you can pull out a comfortable amount of cash and use towards your next purchase... all while the potential rental income from the newly updated property going towards paying down your loan balance. 

Prices are high vis-a-vis incomes unless you're a Bay Area commuter.

If your all-in cost to build for below market value and you are able to place quality tenants, then you should be able to leverage the completed project in a way that allows you to pull out some of your initial investment tax deferred to fund future investments while keeping the rental income and future appreciation.I am a CPA by day and advise many developers on tax strategies.

.#3 I would look at the average/median incomes in the zip where you are being pitched and see if that supports rent.#4 I see a lot of these deals and talk with lots of investors....going to giant investor meeting tonight in fact. 

The numbers showed that option 2 closes the performance gap as I approached my target retirement age (65+) and exceeded it in retirement.My calculation does not factor in equity appreciation - just compounding of present value.I like the fact that option 2 gives me income while waiting for retirement. 

hey there are definitely options out there for upto 80% financing cashout DSCR no income no doc if the rent is covering the mortgage . what is the loan amount ? 

Can I still count it as income?