An FHA mortgage contingency gives you some outs and ability to negotiate and even back out of the agreement. 

Consult a mortgage broker to navigate the financing process and provide personalized advice based on your financial goals and circumstances.By understanding the factors impacting your ability to secure financing for a multi-family property and exploring alternative options, you can work towards achieving your real estate investment goals.

However, it's essential to assess your risk tolerance and determine how much of your capital you're willing to invest in your first property.Consider Your Timeline: Since you mentioned not having a 2-year work history, it's important to understand how this might impact your ability to qualify for financing.

A great benefit you have in your own scenario, that we also preach at FlipSystem, is the ability to utilize multiple exit strategies.

In addition, you need to know the current Legal Rents in the records of HCR (DHCR) for each apartment as they will be rents that you will most likely be stuck with and you will not have the ability to increase rents to cover Rehab or your investment.

I have discovered in the past few years the most valuable skill is the ability to find a deal.

- How can I use my real estate license as an advantage to the best of my ability?

There is always a chance she will make up the back payments over time but so far she hasn't been honest with her ability to pay which has strung it along this far.

Problem is, 99.9% of those who have these views are not in a position to judge someone's employment abilities.

I think this is actually good for buyers, but will likely result in lower commissions for agents, I think in some ways the biggest change is the fact that buyer agreements have to be signed day one, that will do a few things open up a conversation about commissions and what a buyer wants to pay (keep in mind the buyer can still ask to have thr seller pay a buyers agent much like asking for closing costs assistance) but in that upfront conversation thier will be a negotiation about how much is to be paid, what services will be provided etc. and I believe both that sellers will potentially talk to a few different agents & even if they don’t the threat of that will lead buyers agents to negotiate, the media coverage of this will also drive seller awareness of the ability to negotiate.