Repairs, vacancy, non-paying tenant, storms, lawsuits, turnover, that kind of thing?

A fully operational hand off short term rental with positive cash-flow and after the cash-out refinance at 65% LTV, yielded an infinite return.

RESPA has a points and fees test for both owner occupied and non-owner occupied.

Alternatively, if you're looking to qualify with alternative/no documentation, then a non QM/business purpose loan may be your best option.

Recently returned to the Cleveland area after a number of years away, bought one small MF property and am currently shopping for another, hoping to build a portfolio over the next several years.  

I did not sell my primary (non-real estate) business, but now I can spend more time looking for deals, handling asset management, and increasing my income through my primary business. 

Cross collateralizing ties the borrowers arms and legs- both must be non owner.

@Richard Arakelian in non-disclosure states, like Texas, third party sites are not the most accurate way to get get accurate rental data.

Hello Hello,I need to access My Equity But my DTI is High, this some information :- My Equity is about 240K- My Mortgage Payment = $ 1750/Month ( include everything ( PITI ))- My W2 = $4700/month- My Credit Score 690 (based on soft pull)I need :- 70K to build 4 separate bedrooms on my backyard, so I can rent it out. and generate income.I have Debt =- Car Loan 35K / Monthly Payment $720- Credit Card 25K / Monthly Payment $700 ( this debt not for luxury, but to build room addition about 250 Sqft, 2 years ago)So my total monthly payment debt + mortgage = $3170My Taxable Income W2 only $4700But my Family (from other country) deposit to my chase checking account about 25K ( about $2000/every month) per year.And No, I don't have anybody can be my cosigner / co-borrower. 

.- You will now have to file a tax return for your LLC and these can get expensive.- You might need to pay an annual fee depending on your state- When you pass away does the basis reset when your kids receive it as an inheritance?