If you own any property you can get 75%rental income otherwise the lender will hit your DTI with full payment.  620 is minimum FICO requirement  for conventional loan.  

I used a standard 30 yr 4.8 conventional loan on this. 

It was an interesting conversation, considering they were marketing as a "cash" or "conventional loan" deal.

To any lenders out there, how long am I required to hang onto a HML before refinancing to a conventional mortgage?

I have learned that a poor refrigerant charge can make compressors run much more often than they need to, substantially increasing electricity use.

Hello Biggerpocket Entrepreneurs,Thanks for always responding to my messages and giving guidance. I really appreciate.I have a little bit of a challenge. I was able to get a motivated seller deal, but the seller is ba...

Actually they are only threatening to charge interest until closing, thats fine with me.

(If you can fund the purchase of the home, maybe you can find a partner to front the cost of the renovation and split the profits.A few things to think about:If it is truly a real fixer upper, then conventional funding may be hard to get.

Plus, you'll have to see if there were any fees the brokerage house charged you that can be used to reduce the capital gains from the trading profits.As others who respond here will probably say, you should contact a good CPA who is very familiar with day traders and home office business expense.

If you cannot, you will have a hard time getting a conventional loan.