Self Employed Lending Options
I am self employed and curious as to my lending options.
I file my taxes and claim all my income and make my deductions.
I will be using 2021 and 2022 tax returns.
I am 100% owner of an LLC S-Corp.
My self employed income starts in 2021 and my LLC was founded January 2022.
I have a business credit card and bank account.
My income when working is consistent and predictable. However, the hours I work are inconsistent (by choice) as I do freelance and contract work (no 1099) and like to travel etc. My 2021 and 2022 incomes however are consistent with one another.
My 2021 income also includes a fairly small amount of W2 income, as well as some stimulus check and unemployment BACKPAY income. (I returned to work August 2020)
I will be working regularly from later September 2022 through the foreseeable future, so I will have bank statements to provide.
I will be filing my 2022 tax returns in February so I would be looking at more conventional lending in March.
I make quarterly estimated tax payments.
Credit score high 700s. No debt.
I am looking for either SFHs (STRs, MTRs, Section 8, student housing) or small MFHs (student housing, MTRs, LTRs).
Locally, I'm in Allentown, PA. OOS I would be looking primarily at NC, possibly WV, at this point (Midwest and South).
I'm foremost interested in STRs, MTRs, and student housing.
What types of loans am I looking at for my situation?