@Alison FountainDepending on credit score, you may qualify for a non-qm loan that focuses on asset dissipation or even uses bank statements for qualification. 

I would like to get information on qualifications for FHA or other low down payment options.

What sort of qualifications does a local bank typically look for when generating a portfolio loan?

The main item is sure up your refinance monies with a bank based on loan amounts, your qualifications & etc.Depending on the amount of rehab depends on your power team above.Everyone gets checked out.Would suggest attending some reliable investment groups with good educational subjects not ones selling there packages.Diversified Investors Group and HAPCO are the most reliable in Philadelphia to attend.Let me know if you have any questions.RegardsJoe

Wedging into a Solo 401(k) that is not a truly good long term fit just to avoid that taxation is for most investors a losing proposition.Plan qualification and determination of which plan is best for a particular investor, their situation, and investment goals is certainly not a one-size-fits all topic, and there is no one right answer.The #1 consideration with the Solo 401(k) is current and ongoing eligibility. 

The tradeoff is a faster closing, easier qualifications, and less headaches than a bank.

Based on that and their qualification ill rate them at a 6 on a 10 level number scale.

Theyve dropped the down payment qualifications from 3.5% to 3% as of July 29.https://www.washingtonpost.com/news/where-we-live/wp/2018/05/16/a-new-low-down-payment-option-for-home-buyers/

The qualifications are not FICO driven because we have had people with low 500’s qualify.

What additional qualification do you think I need?