I have a property in PCB and could give you someone to talk to if you are near

One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊

I’ve talked to a couple mortgage folks and haven’t gotten any great options yet. 

@Michael Greenberg Could I talk you into sending me the VR calculator and tracking sheet you are using as well?  

I would be careful forming a specific list per se.... things will happen that are not normal "wear and tear" that the tenant should be responsible for and if its not on the "list" you are stuck... the list will need to continue to evolve.Keeping it relatively vague keeps your option open.

Hello,I listened to a podcast from BP where they talked all about subject to financing and have come across a deal where this would be an option.

Would like to talk about lenders specifically. 

It's exhausting talking about this.An LLC is useful for two things: anonymity and legal protection.

You can always form an LLC later if you decide to continue investing.

U can keep trying but as stated your best bet is a financial ( cash partner) and then you have to talk them into why they should give up a bunch of the deal to you.