The issue we are running into is that lenders are not recognizing the excess amount he earns as income, therefore it looks like he will not be able to afford any loans that he would be approved for.

Unless, you are going to leave it in the S&P 500 for a significant amount time, I would just ask why you want to invest it in the S&P 500 opposed to somewhere with less risk?

During your analysis did you include a percentage amount for vacancy, maintenance, and cap x?

Net proceeds - Is the amount of cash that goes into your exchange account.

I read on Lee Arnold system . com that joining the inner circle gives access to up to 100% financing on residential loans including Property Purchase Price + Closing Costs + Rehab Costs if that amount is 65% of the after repair value (ARV) as determined by a third party appraiser.  

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

I suspect a local bank/credit union would waive the seasoning with such a strong DSCR on this.And yeah, I was debating on the ARV, particularly given the amount of rehab you will do.

My concern is that I may need to invest a significant amount in redecorating the home to appeal to this new audience.I’d really appreciate your thoughts on this.

Dave, Jean and others must have same or more amount.

My original loan amount is $323K, balance left $319K at 7% and 28 yrs and 8 months left.