If it's a larger organization, feel free to inquire about their different staff qualifications.2.

The refi will require the same qualifications as an initial mortgage.

Qualification for a Portfolio loan would be based on how cash-flowing the property is, so make sure to have a solid idea of gross rents received, along with the expenses for the property (including taxes and insurance, maintenance, landscaping, any landlord-paid utilities, etc.). 

, but in that open house-- we only got 3 applications-- a lot of people didn't realize we were serious about our qualifications/standards.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

The situation seems that It‘ll work great if the trustee will quitclaim deed it over to a qualifing individual, that’s wIllIng to resume payments.

I told the the prospective tenant that would not do the background check that she did not meet all of my qualifications and that I would be renting the unit to someone else.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

The qualifications required by land bank are more onerous than the cost of the buildings.

.- have solid and high qualifications[ 3 or 3x rent take home income, bank account with 3% cash etc etc).- No more then 3 yr option term, ideally 2 yr max.  1 yr is optimistic and any shorter it must be "GURU" talk.