I thought hopefully the part-time job would help improve my odds of getting a loan through a bank.

I would love to talk with you off-line I’m looking for deals and I’m in Texas as well and I could sure use any sort of skill improvement. :-) 

For long term we would have to start with budget as that will dictate what areas we look in, cash flow is going to be tough to find anywhere near Orlando, appreciation and doing value add improvements will go a long way pretty much anywhere within an hour of the city.

I know the VA loan eligibility can get funky if you refi versus selling your previous property. 

@Brandon Fuhrman I’m sure some of the others will chime in but it would seem to me that the smartest thing would be to keep that account open and use it periodically and pay it off, improving your credit, and get the bank to open the correct business credit card for you.

- What do you mean "write off", if you're trying to improve your DTI ratio you would want to report that as taxable income to get your income to be as high as possible for underwriting reason.s2.

My mind frame now has evolved from two years ago, and I now see the extra income as enabling greater security reserves, providing the ability to hire repair folks instead of DIY which saves personal time, and to improve the property more beyond the minimal.

I moved out of Florida in April 2021 and currently live in Denver, CO.From what I understand, it is definitely possible but interest rates will be slightly worse and the LTV will be capped at 75-80% versus 90%.Thanks for any insight! 

Is the surrounding area being improved and would one reasonably expect this neighborhood to perhaps upgrade itself into a B/C within the next 24 months?

So far it looks like that's the only thing I would need to improve.