Keep us posted on your progress!

My bank looked at:Banks statements for last twelve monthsW-2 for the last two yearsPaystubs for last two monthsPermanent addresses for the last two yearsIf you're renting they'll want your lease agreementCredit informationGenerally speaking banks want to see a DTI under 43%, a good credit score 650+ but for the best chance 750+, and a steady income.

We have about 8 5 star reviews on AirBNB and HomeAway and now our second year is doing well.We have it rented for 67 days now and I expect to get another 20-30 as the summer progresses.

That means developing understanding of markets, processes, and teams of people that allow us to progressively work towards the goal of generating passive revenue that does not require our discretion at every step along the way. 

I admire slow and steady, and waiting for tenant turnover to upgrade.

I am currently building out my online presence and making substantial progress.

-We'd like to structure it so that deciding to BRRRR instead of sell a property is a choice that can be made at any point in progress without altering structure.

My bank looked at: Banks statements for last twelve monthsW-2 for the last two yearsPaystubs for last two monthsPermanent addresses for the last two yearsIf you're renting they'll want your lease agreementCredit informationGenerally speaking banks want to see a DTI under 43%, a good credit score 650+ but for the best chance 750+, and a steady income.

I am 24 years old and work in tech.I found BP a few years ago through another business forum but was only a college student at the time without a steady income.Now that I have two years of income and a healthy nest egg I'm looking to invest in my first multifamily property by taking advantage of FHA financing.

Right now, I am not hearing forward progress, but reasons why you aren't progressing.