My filing status is Married Filing Jointly (spouse make about 1/3 as much as me) and I claimed 0 dependents.

Now the fact that you can't count your personal residence in the net worth calculation for accredited investor status because it is a liability is news to me.

I'd recommend renting by the room on a 4/2 or looking for a house that has an ADU in which you can live in the back house and rent out the main house to get owner occupied status. 

Hey Ab, Loan terms largely depend on location, asset type, experience of the sponsor, and the property's operational status.

A husband and wife owned LLC may choose single member treatment (disregarded entity status) if they are in a community property state. 

Equity "rich"/cash poor status is not very attractive. 

You'll still want someone to be boots on the ground to check on status, draw requests, updates, etc. 

A couple of things to consider, when analyzing applicants, do not look at name, gender, familial status, or any other inane criteria. 

The tax election status is irrelevant to what I was saying.

Hi everyone , well let me start by saying i'm new at real state ,     the situation is that i have a land that i'm paying but don't have the money to make a house , my credit score is 554 , my brother in law has a house paid for but still owns he's land we are trying to get a equity loan over the house to build mine then get a equity loan over my house to pay him back but i'm wondering if  this is a good way to go also my brother in law does not have a legal status in the us so i will have to get on he's house tittle to get that loan.