You can always ask "is it an asset based loan only or are there income requirements?"

., Islamic-compliant insurance based on mutual risk-sharing and Sharia principles) — particularly for homeowners insurance, title insurance, or even landlord/property policies here in the U.S.For those unfamiliar, Takaful is a cooperative model of insurance grounded in Islamic finance principles.

Unfortunately, 95%+ of agents won't put in the time to learn how to properly work with investors:(They all want to bring their emotionally-based approach that works with owner-occupant transactions, and try to apply it to investors - instead of learning the numbers-based approach for rentals and fix & flips that investors need.Of course, agents also need to protect their time when dealing with the 90%+ of newbie investor that will never buy anything, but will waste a ton of an agent's time!

It's generally a portfolio of "base hits" (rent is 1.3% of a $2M purchase price across the portfolio). 

Truvii seems good but they’re based abroad in Tel Aviv so I wasn’t sure if that posed any obstacles with issuing payments on claims and would love to hear if anyone has experience working with them?

According to the county housing authority website, if they were re-rented through Section 8, they could bring in $1,623 each, for a monthly total of $11,361 - more than twice the current income.The GAI would rise from $66,612 to $136,332.Would you, or the lenders you work with, finance a $500K purchase+rehab with an eye toward refinancing based on a $136K GAI? 

@Corbin Wafford - you are correct that anything under 5 units is valued based on local comps.That said, I always ignore this rule and I base my MAO as if I were buying a commercial property.

These are designed specifically for real estate investors and base approval on the rental income from the property—not your personal income.

While I have not, I am friends with a builder that has done this, although he technically he bought a single lot that was double the size, and he needed to subdivide it with city.In Cincinnati, where I am based and my friend is based, the whole process is outlined here: https://www.cincinnati-oh.gov/planning/subdivisions/ and it took him about 2 weeks, I believe. 

Based on the above, for my clients, I focus on several markets, including Nashville, Kansas City, St.