A good investment team will minimize your risk and save you time and money.

Otherwise, we make them jmp through a few hoops to remove their late fee and warn them we will NOT remove their late fee if we have to waste our time tracking their payment next time.

Here is the email from the selling agent:Arsen,WHY WASTE MY TIME!

Here is the email from the selling agent:Arsen,WHY WASTE MY TIME!

I feel like the housing market here in Dallas is incredibly hot and a sellers market at the moment and don't want to waste an opportunity if I really have this much equity in my house this fast.. 

They don't want to potentially waste their time if you end up not being able to purchase a particular property. 

Omar - thanks for the post and  questions 1) yes - hold off on opening any new  debt if possible  as  any new  debt will indeed  affect your "  debt to income ratio "  and  lower  your borrowing power2) student loans are  tricky  - many are  deferred  presently  due to  covid  ...if you have  student loans - get  repayment terms in place so that the  actual repayment  amount can  be used in the   debt/ income ratio ...if you dont have any student loans yet - try to  delay 3) regarding rolling in rehab  costs to the purchase loan -  this really  depends on what  remodeling  you  plan on ...if its  realtively  light  rehab  work and not a ton of money ( eg...paint /   flooring  etc )  you  might  try to  minimize the  down payment / use a  reguyalr loan and  keep as  much  cash in hand to  do remodeling out of pocket  ( and  with using other funds)  ...if the  rehab is  very  large and  expensive - the   reno  203K FHA type loan is an option to  consider 

Wasting money on a license that you wouldn't use isn't really an efficient way to do things.

He's the top-selling agent in our county, by far, and wouldn't waste his time just doing inspections.

These programs can be worth every penny or a complete waste of timebased on your situation and the action you take.