What are the terms and qualifications for each?  

If you don't have full time income and your fiance credit is not strong then that is going to be a steep hill to climb in terms of mortgage qualification.

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

Especially if you have a HOA or cooperative that can slap you with special assessments, limit your ability to rent your property, and generally make your life troublesome and expensive.As far as including the income from existing or new properties in calculating your qualification, that has become more difficult, too.

Depends.When someone applies to be an apprentice, I have a very thorough qualification process because my team and I have to be very careful who we make the commitment to mentor.

@adam moyer Matt nailed it for you ...FHA...Just get a pre qualification from some lender before submitting your offer.

The qualifications and stipulations for obtaining the loan will differ from lender to lender.

I live in NYC but invest in emerging markets for cash flow.I recommend you first start looking at markets you'd like to invest in then qualify them based on their market qualifications.

Most prospects understand the cost associated with moving(app fee, deposit, 1st month) and comes prepared to meet those expenses..Usually the move is planned..However, be careful when money is thrown at you quickly or tenant needs to move today..Recent story...Met  prospect to complete application..explained documents/qualification over the phone, completed application..I asked some questions about recent address on license and different on app...got a story..requested app fee to complete process but prospect not willing to put $50 on line...great way to weed out scammers...why would you look for a "house" if you can't afford application fee?...

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