If I were to leave and rent out my space, I would make at least $600/month because of how hot the rental market is, how low my mortgage is now, and how little inventory exists in my region.Since I'm now eligible for another FHA loan, I was wondering if it would make sense to purchase another and move into it.

It will take quite a while to scale to 50 properties at that price with the current inventory situation.  

Our program is designed to help people who want to get out of their situation and improve their lives.   

It's a catch 22 - I can't improve my score because of debt and I can't pay the debt because all of my money is locked in this property!  

Things I'm hoping to Improve: I'm currently struggling a bit to get a second deal.

So if the private lender lets you pay some upfront points/fees, or take a modestly higher interest rate, in exchange for offering you an interest only monthly payment, that would improve your DTI, relative to having the monthly payment be a fully amortized P&I payment.

Not enough building, a decade of it, has lead to a dire national inventory crisis, that will probably take a decade or more to work itself out.

In a traditional Real Estate market adding to a property will not increase the value enough in the short run to cover the cost of the improvement.

I have been licensed since 1975  I have wholesaled I cant tell you how many properties well over 1000 that's for sure.But you have to define wholesalingMy definition is I buy them close on them  then usually do something to improve them sometimes not and then I resell them.If your definition of wholesaling is to simply make larger fee's than a normal brokerage commission ..

.): $100/moRemaining personal loan for home improvement: -$50,000 (8.4% interest, needs to be paid off ASAP)Cash to invest to start: $0 (all cash has gone toward the high-interest loanFuture salary income available for real estate: ~$500/moWe want to start with one additional property and build our portfolio with more properties over time.