We live in Los Angeles county but buying anything here is crazy expensive and rent control limits any ability to profit anything. 

One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊

The Cancellation FormThe cancellation form provides a breakdown of exactly what monies Holton-Wise is sending to you & gets it in writing that we are no longer holding any of your money or money of any of the tenants who live in your properties. 

It's the biggest scam in the transactional aspect of real estate.Yes,  I have lived in NC all of my life, but DD with an as is home is ridiculous. 

But IMO if the owner lives in the area, just go knock on their door and see if there is anything that you can do to help them and what their plans are for the property. 

This strategy allows you to potentially make a quick profit without the commitment of having to live in the property for a certain period of time.Alternatively, you could also look into investing in rental properties in different cities where you have connections or where you see potential for growth.

Now, with a new baby in the mix, living through renovations has become quite the challenge.

With the cost of living 9.8% lower than the national average.

Depending on financing, it could cash flow anywhere from "meh" to "I can live with that". 

I still need to truly vet the area to make sure I'm comfortable living there and there are still the closing variables that are still open as of now.