Qualification for a Portfolio loan would be based on how cash-flowing the property is, so make sure to have a solid idea of gross rents received, along with the expenses for the property (including taxes and insurance, maintenance, landscaping, any landlord-paid utilities, etc.). 

The market rent for this 3 bd 2 ba house with the level of finishes in this area is ~$1,500 if they were to keep the house and rent it.

My day-to-day tasks include in-depth market research, pro forma compilation, product programming, etc.

The property has 4B3B, including a 3B2B primary house and an attched 1B1B in law unit.

@Marlon LongCongrats on finishing it up!!

BP,Trying to finish up a rehab and hired a guy to paint. 

Its been nearly a year now and they are just now getting approval to demolish the units and start the rebuilding, telling me its about a year out on the finish of the rebuilding.. 

(b) Is engaged wholly or in part in the business of selling or exchanging interests or estates in real estate or businesses, including businesses' goodwill, inventory, or fixtures, whether or not the business includes real property, to the extent that a pattern of sales or exchanges is established, whether or not the person owns the real estate or businesses.

Maybe include in the contract an increase at year 2?

Hoping to connect with local agents including lenders.