I should add that he is saying this because real estate is not our primary source of income, we still earn more from our day jobs.

I've heard people say not to go with the big companies for mortgages but with a rate like this and no extra points or fee's, I don't know why I'd go elsewhere.

I originally bought this property to offset taxes during college years while earning a six figure income

I have been suggested at looking at 4-plexes to fix while earning equity.

I use my s-corp for actively earned income only like management, consulting, repairs/maintenance/cleaning, wholesaling, lending, etc but it owns NOTHING.   

I’d like the extra income to help us either pay off the property faster or save up for the next house.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

If you are wholesaling and you're broker is cool with it, just make sure your process is transparent...a lot of brokers are not investors and they simply don't understand your perspective of using creativity to solve problems and earn a buck. 

I might have an extra number there for sure.Thank you again for all your help.Jasmine

Income is calculated on a year to date basis usually rather than a 2 year average unless your earning commission, bonuses, overtime, etc.