Hi All,I hoping to get some direction and advise from you pros out there on how to BRRRR and secure long term lending WITHOUT a W2.

I don't want something to get broken, theft accusation, a door left unlocked, pet got out, pet isn't secured, etc. have a he said/she said argument on who is responsible.  

i have the benefit of the VA loan and my friend that is on pretty much the same pay was given up to 350K loan with the VA loan, so i figured it would be easy for me to secure that financing and get a nice quadplex. boy was i wrong... the bank is only willing to give me a 150K loan (which is weird as i also have similiar credit to my buddy) and living in augusta georgia everything that is multifamily is very expensive and old. the cheapest duplex i could find was 180K and in disrepair, so i decided perhaps i could just buy a single family home and have roommates/ split the house/ ADU. but i can't even get quotes from local construction companies until i own the home apparently. so i don't think i can calculate the expenses until after i buy the home.so based on the situation i'm reaching out for help on the forums. any advice is appreciated!

I was trying to do right by them and offered them a pretty substantial amount of money to leave and pay for moving, enough to pay their next security, first, last, and then some. 

After *all* expenses, ROI on rent is 3.5% - this excludes any appreciation.A week later, I saw the SAME unit as mine, in the same complex - it was advertised for $50 more monthly rent than mine, so I feel secure in my rental rate being at market. 

I’d love to hear about networking and securing financing creatively… such as co-signs or using a guarantor ?

Price 450,000Cap rate on listing is 13.35%Taxes 15,700Annual Gross rent 81,9008 unit property        4 commercial units (2 restaurants, 1 liquor store, 1 mechanic which uses the garage)        4 residential units (2 units are 1bed/1 bath, other 2 units are 3bed/1bath)The property is right off a main road with the train tracks to the side of it C class neighborhood The property will need renovations, roof was done this yearAll units are rented and have been long time tenants This would have to be a cash deal and was thinking about getting a hard money loan to secure the property and refinance out of it. 

Ask what they do to prevent parties and increase security in general.

And when you secure the listing manage exceptions based on the average days on market.

The two greatest lessons we’ve learned are around lending and working with contractors.We anticipated closing escrow and then securing a HELOC for about $250k to complete the renovations.