Recently I applied for pre-approval in order to start looking for small multi-family units to do an owner occupied house hack, I was, unfortunately, denied pre-approval due to my low income.So I had an idea and I was wondering if this is 1) Legal/Feasible 2) Effective/Smart or Not.

Rents in my market have risen incredible. 

I was wondering if anyone had advice on how to analyze a property after driving for dollars in my areaThanks in advance for your time!

Note again that you pay the LP investor down with return of principal along the way which makes the effective preferred return base smaller - so you get more of the 20-30% split.  

With this being an income-generating property that is cash-flow positive, this should not have negative long-term effects on you or the co-signer's DTI. 

Super easy and cost effective way to re-key the locks. 

Account Closed Wow, that's an incredible story, thanks for your help and insight!

There are some legal issues with this and it is not a good term strategy to grow (it will negatively effect your individual and company reputation). 

It will cost you $9.99 a week and it auto-renews every week, but that will probably be the most effective way to get a roommate instead of spending all this time trying to just do it for free.

We had put together an incredible deal for our seller with a very strong purchase price, and the zoning came back as a two unit after three weeks of waiting.