Greetings BP nation,I recently purchased a three flat with an FHA loan and my 60 day move in date is June 27.

So do a joint venture with the sellerUse private lending money for the 7000 renovation and get the seller more money, and earn on flat JV fee of 5 to 10,000If you are  licensed,  earn the commission too@Jj W.

Boise had had double digit appreciation for several years when we bought the place, but it went flat right after and as you know with a 30 year FHA loan we started out with less equity that it would take to finance the resale costs and we were paying less than $100 to principle every month. 

If you give them the offer and they don't give you a flat out no (which 90% of the sellers do).

Not just half baked FREE seminar from BP.I work with very knowledgeable people, people that would say the exact same thing I've suggested.

If they are renting a flat, we use on-line document signing to execute the lease and any ancillary agreements  (there are several available: HelloSign, Signatory, DocuSign are a few).

They flat out don't allow sales from presenters.

Maybe you offer the first property for free and then offer it to agents at a flat rate - paid at closing?

Right now my biggest challenge is getting my first flat, rent to let into positive cashflow - as it was my first investment back in 2012, my later properties are doing well, but I didn't know the 50/50 rule and so have had very little success with my first flat.

If I purchased a 3 flat and I'm living in one of the units of a 3 flat, what's stopping me from moving out in 6 months, renting that unit, and then applying for a mortgage with another lender?