Do they have to approve all of the work and who decides how much money is needed for repairs?

Don't like complexes that aren't FHA approved.

Only four months ago, I started researching RE investing and since then, I’ve established my LLC, got approved for private funds, started partnering with others in my local market and made my first offer on a home yesterday!

He doesn't want to waste his time sending you properties and maybe running comps if you don't have the ability to see the property through to closing.As an aside a POF is money in your bank account,not a pre-approval letter from a lender (conventional, private or HM).

Have you already been per-approve for a loan?

Normally wholesalers will have some sort of "out clause" that will enable them to cancel the contract if they can't get their "partners approval" or if it doesn't "pass inspection" within a certain number of days.

Is it feasible to be approved for a home loan with only part time work of some sort?

When a buyer calls me, the first thing that I ask for is their pre-approval.

Is it possible to get approved for such a low mortgage or will the points always be too high if credit scores are below 740?

The solution that I thought of is to have a good friend of mine who is interested investing with me be the one who gets pre-approved for the hard money loan but I don't know if 1) will that work and 2) how I could structure/arrange that so that we can move forward with him as my financial partner?