this is off there websitehttps://www.fanniemae.com/content/guide/selling/b3/3.1/08.htmlPartial or No Rental History on Tax ReturnsIn order for the lender to determine qualifying rental income, the lender must determine whether or not the rental property was in service for the entire tax year or only a portion of the year.

(Qualified Retirement Plans).  

A lot of folks hype pulling a partner in - but for building cash flow, especially purchasing your first property, I don't see a better method than getting qualified for an FHA loan, save up that 3.5% and go buy a two/three/four-unit where numbers make sense.  

This means I paid a little bit more for my membership in order to have a display booth at the networking events, along with the option to speak formally at those events.I took the wholesaling class that REIA offered last October and I have to say that it was an excellent use of my time and money.

The reality is this letter is a formality.

If you know someone who is qualified (all proper documents) then you should be good.

He's also an all around real estate attorney and I believe is the guy who drafts the docs that the WI Legal Blank Co sell that many in WI use for their leases, etc so I'd sure think he's well qualified for your need and even if someone who knows pretty well what to do is say $100 cheaper, I'd pay the extra $100 for Atty Petit in a heartbeat and get papers I know darn well should cover my a** in ALL situations!

After you you get a rough idea for not only how much you are pre-qualified for, but more importantly what you feel comfortable spending you then want to get a feel for your market and the type of purchase prices you can expect for the type of properties you want to look to purchase.

It is possible that your sponsoring broker could already have an agreement with certain pm's.If an agent is the procures a qualified tenant that ultimately signs a lease, we split the tenant placement fee.  

Depending upon the volume of transactions, how long you hold them, and if you can be a landlord for a little while, you might also be able to qualify for capital gains treatment.