Regarding “Fraudster” – I believe we’ve crossed paths in a few events or calls, and I’m familiar with your name.

(Looking to spend 130 or less)Just looking for advice, this would be my first property and I'd like to get cash flow while being in a non crime filled area, and being able to count on at least some future appreciation. 

Do not count on anyone to get the contract assigned to them until you have had multiple conversations with them and you have built rapport.

Does that count?

Fingers crossed.

But the other issues we've run into from lenders is 1) We're a Gc to where the company's income comes from selling our new construction builds - the bank *US BANK actually told us they couldn't count that income at all because they view the sale of homes as "inconsistent". 

His question was, if you have a long-term residential lease signed 1+ years and the property is rented out, does the mortgage still count against your DTI?

The only chance someone has of getting 100% financing is if they can cross collateralize against other assets OR an unsuspecting seller financed deal.

Cross my fingers, have had none and hope to not have any. 

Huge piece of advice someone gave me as I transitioned to FT, do not count commission until the deal closes.