What if a person got a decent credit applied first and another did it later BUT got a better credit?

The argument for 10%,20% etc is lenders can leverage secondary market and argue "above market" rent can be applied towards down payment - which truly does help someone who cannot save up for a down payment and feels like they are building "equity" in the home.Of course you are free to make number whatever you like but i see between 0-25%

If you apply and are not approved or accepted, you get the money back. 

How it applies to your deal, and how much debt as a percentage of other capital and debt, determines your percentage of equity ownership.

Just like the folks on BP encourage partners without money to apply a skilled trade to get into deals, you're offering the same thing with development.  

The conservative way to do it is to take everything and apply a useful life to it.  

The Only thing you should be paying before closing is the appraisal fee, once you have applied for a specific property.

Can I separate out the heat on the lease, become a “vendor” (create another business entity) and require tenants to apply for heat assistance - thereby getting paid for the heat?

I would clean it, prime it with high adhesion primer and apply "porch & floor" paint.

But without a large down, the monthly mortgage will be too much for her by herself. my questions: Can she apply for a 203k, HomePath Ready Buyer and can I reap any tax benefits by investing but not living on the property?