It doesn't really matter what the buyer's income may be.There are some private lenders that will lend on a 1-4 unit property (normally non-commercial) using commercial terms, meaning that the income generated by the property will be used to qualify: the buyer's loan... the buyer's income doesn't really matter.

We found an off-market commercial/industrial lot in Southern California's Inland Empire, near San Bernardino and Riverside.We normally work residential, but naturally want to pursue this if it makes sense.

My normal markup is greater than my illustration here.

BTW, its normal to be nervous on buying an investment property.

On the current flip I bought Friday I would stand to lose 15k to conventional realtors if I was represented by a normal 6% realtor.

Once I receive the money, I then move the same amount of money to the account that I normally do business with.  

After close to six years of historically low rates, and with an economy growing every year, the Federal Reserve is expected to allow modest increases to the rates to achieve a more normalized level.

I normally wouldn't consider spending this much on my first rental/flip, but owner financing is so enticing.

I'm holding, but that is because my cost basis is so low, it is cash flowing like a freight train, and I don't have the tax shelter you currently do.I personally love the house hacking strategy of keeping and turning into a rental, that is how I built my portfolio ... however, I only execute this strategy when I find a great deal, which normally happens most after the market crashes.I think there is still some upside in Palmdale, due to the true things you mentioned.

*Will her normal income be taxable at the capital gains rate as well?