If you look good to the mortgage broker have them write a letter on your behalf saying that if you apply for mortgage in 12 months chances are very good that you would get a mortgage as long as you keep your job and protect your creditNo that is not a mortgage qualification letter, but it should satisfy the ownerNext, I would get references from my previous landlords that you were an ideal tenant.

I make an extra effort to make sure the renters know that rent is DUE on the first, LATE on the second and late fees apply after the third. 

If someone then wants a showing I will say, "great, we will be performing a background check and need a $35 per person 18+ years old applying to live in the home - after we have processed this successfully I will gladly show you the property in person."

After applying the deposit, tenant account is in arrears for $65.You may only pay $2 a light bulb, but it also takes you time to purchase them and install them, which is why there is a $5 charge per bulb.

Are you saying that @Ed Page can apply to have his (non-FHA) loan taken over by an FHA-approved loan if he intends to still live there (presumably for better refi terms)?

Generally it is used for individual agents who want to build a team underneath a brokerage, however the concepts can easily be applied directly to your own firm.  

The concept of "buying on the courthouse steps" does not apply in MA (or NH for that matter.) 

Hello my name is Larry, new to BP and about a month and a half into Real Estate Wholesaling, here to learn and apply this knowledge when i'm wholesaling.

You take that $300 and apply to the principal of your primary residence and pay down the mortgage faster so you're not paying PMI sooner rather than later.  

i've often seen BPers refer to residential rentals as A or B class.does the same apply to commercial/retail rental properties?