My office spent $15,000 and over 400 hours on application screening last year.

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

I have an office in Old City (Center City) and invest in student rentals (175 student beds).I would be happy to connect with you on a gameplan to build your portfolio and getting pre-approved!

Make sure you have a conversation with an experienced Banker/Loan officer before you make the move.

@Caleb Sonneman I now let my prospective tenants that I’m not the weed police and I don’t care what they smoke but it MUST BE OUTSIDE.

In the future, a) get a super detailed Scope Of Work and ironclad Contract. b) Do not pay more money as a progress payment than the amount of work that has been performed, that way you are never ahead of the Contr or vice versa.Your options (depending on how much he owes you) are Small Claims Court, the State Registrar of Contrs, and possibly the local DAs office or State AG if the amount is higher ($50k ish)Good luck, let us know what happens.

And unfortunately it seems a good % of loan officers do not know how to do it either.

We are a group of Latin American investors who are experiencing economic losses due to the irresponsibility of ABC Capital.We have found on the public page www.courtlistener.com two actions where our office of trust in real estate investments and property manager, to whom we entrust our investment and assets, are sued.We put at your disposal both actions; with the warning that they should not prejudge, since it will be the court that hears the case who passes sentence, since it is the one that knows the evidence presented.https://www.courtlistener.com/?

None for a year, I'd be on a flight and in their office!  

REITS that own shopping malls or sky-scraper office buildings are effectively the walking dead and many will not survive.