Which is obviously ideal 👍That would be an invaluable next step in your progression in so many ways.....again congrats tho!

as one of the questions on the rental application so that they know ahead of time.

As I'm considering this investment strategy I'm first thinking about sellers that want a good price and/or don't have enough equity to sell ATM and still I'd like to offer to take them out of any involvement in the property beyond paying their mortgage if applicable.

This will entail, making application with the property address being listed as TBD, but you and the lender can have a meaningful conversation regarding all aspects of your loan request and your credit profile.

If he is unwilling to pay it, go onto the next applicant who is.  

Do you guys run a credit and background check on every applicant?  

Just got word that the City Council is considering an ordinance that would make it unlawful or discrimination to exclude section 8 applicants from the application process.  

As I'm progressing toward my goal of building enough passive income through buying and holding small multi-family properties in the Duluth, MN area to replace my income, I came to the realization that this is actually a possible goal.

After several weeks, the loan was denied for rentals and I objected saying that they were clearly declared in the application and if that was an issue, the loan should have been denied IMMEDIATELY, not three weeks later!

Hi @Jonathan Desjardin,If you went from self employed to W2, the two year average thing shouldn't be applicable to you, and you shouldn't need a HML, unless I am missing something?