Depending on the loan product, you may be able to exclude business debt once the business has paid the debt directly for 12 months.The income and losses related to the operation of the entity will affect the income side of your DTI (like Jay explained) if you own 25% or more of the entity.

While you building your score you will be looking for land to buld a home on and jerome will be telling you how to go about finding best location to buld the house the best criteria  to use to pick that locTion and thw price point you want to pay.

i think its the easiest asset class to understand that isn't stocks and a lot of peoples livings depend on marketing how perfect it is

Depends on their health and any desire they may have to simplify.

Learnt lesson not to fully depend on property manager and should have made decision faster by reducing rent .

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

It all depends on the market, economic conditions, seasonality. 

The Greater Phx market has many avenues to explore, depending on your goals.

However, there's a loss on the 2023 Tax Returns, and Net Income is $45,000 in 2022 (Client has lots of writeoffs) What loans could I use that only consider:- Bank Statements - 1099s - Credit Score Please contact me with options.

Hello @Alex Silang,It depends on your goal.