Hi Amy,To be licensed as either a Broker or an Associate Broker, you must have been actively licensed as a salesperson and/or broker in Delaware, any other jurisdiction or combination of jurisdictions for five continuous years immediately before filing the application.I pulled this info from this website: https://dpr.delaware.gov/boards/realestate/resbroker Best of luck, there are a lot of great people on this board that should be able to point you in the right direction.

This way you start the precedent that he needs to make paying you a priority, and if not, there is a cost associated with it.

(PMI is private mortgage insurance and is associated with conventional loans, not FHA).

I don't know that I've ever met a 1st gen African LO, but I've met 1st gen LO Russians, Latinas, Brits... and to the extent that African accents are associated with "Nigerian Prince" schemes, note that the overwhelming majority of LOs doing shady things circa 2004-2007 had accents identical to what you would expect my accent to be based on my profile picture, so you certainly shouldn't assume that I'm not shady based on my accent any more than you should assume someone is shady if they have an accent that sounds African.

Pigtown has some incentives associated with it from some local companies such as UMMC however I really see this area taking awhile to develop and some of the people I know who have purchased there regret it due to safety issues. 

The lender stated ‘if there are serious problems with the roof the HOA will not pass’ If it doesn’t pass I need to put down 25% Now I know what you're talking about, but if the Association doesn't pass, you probably don't wanna live there anyway.

This is value add opportunity- rents had previously been under market value (450/month) and since acquiring the property and renovating it, the management team recently raised the rents to match market value in the area (525/month) The property is projected to generate over 25k of monthly income, a cash flow of almost 11k a month, and the annual cash on cash ROIis projected to be nearly 32% This would be my first large multi-unit apartment deal and I’m looking to either obtain a commercial loan for the property or (ideally) find private/hard money lender that would might also (eventually) serve as a partner/mentor/associate/eventual first to a smart, hardworking, and ambitious young real estate investor.

Since it is illegal to actively participate in real estate transactions without a RE license, in most (if not all states), many people do not want to be associated with any type of illegal trouble.For me, the answer to your issue is simple. 

I suspect that many restrictions on who can occupy the property violate the 1st Amendment (association) and most property codes (freedom to alienate) unless it is an age-restricted community. 

Think about what your goals are first, and then know where you want get your property in after that it is knowing that market, getting in touch with key drivers within that market, maybe if it is close to where you are getting involved with he real estate investment group or association.