Might make sense to do this as a non-qm DSCR if you are going through your LLC.

I found it through one of my partners, a local wholesaler How did you finance this deal?

Looking forward to working through this process.

Also because the buyers agent is getting paid a flat fee, they will actually be honest with the condition of the house instead of tryin to push through a sale for commissions.

The second is depreciation.Depreciation for Your Short-Term Rental Tax Strategyyou need a savvy real estate CPA who's going to lead you through leveraging depreciation for your short term rental.

Rents are through the roof also.

Heloc cannot be used as a PITI reserve and or as an asset which is required in underwriting when buying more REI.More tradelines on credit can also cause a scores to decrease and higher DTI through the bureaus reporting.

Has anyone gone through his program?

In some states Accessory Dwelling Units are allowed through converting a garage.

Hi Layne,Any lender who does FHA or conventional should be able to talk you through this and it is a very common situation.