@Andrey Y. 

The owner was this old man who recently past away, the son cam back and lived there about two years a couple years ago and has since left out of state.

Every applicant has to submit by X date and time to Y inbox.

If $10k/y for just a few extra hours a week is too little for you to bother with - wow!

Originally posted by @Andrey Y.

That's us @Brian Cam!

@Andrey Y.

You will have to talk to your broker and see what is in your independent contractor agreement regarding properties you buy or sell for yourself.One thing you need to consider though when wholesaling as an agent, is if you get the property under contract for X, and sell it off for Y, and collect the net difference between those two numbers, that that may in fact be the equivalent of a net listing which is illegal in most states.

The definition of "extenuating circumstances" may also change over time.I'm not trying to be a smart-alec, I'm suggesting that approach because I have in fact had people wait YEARS longer than needed to refinance out of a crappy mortgage (paying 7.5% interest etc) because they assumed that guidelines hadn't changed since someone Y years ago told them it would take Z years.

Others, I have to teach the REI how to qualify the property -- "this much in purchase price, given your day-job income and existing debts, rents need to be at least X for you to get a Fannie mortgage with Y% down."