BRRRR Strategy - Financing loans as self emplyed
So Ive been looking a lot into the BRRRR strategy and this may be a very amateur question, so bear with me! If I have the cash to buy the home and do the reno. When Im ready to finance the mortagage at the ARV for 70%. Wont the bank ask for credentials beyond the renovated home and rental to qualify for the mortgage? Since Im self employed and I stopped working to renovate the house, I would have very little income to show. How would I be able to qualify? Secondly, would this also become less an issue on say my 4th or 5th property I BRRRR? Or will this always be an issue.