Here's the FL website (info is just qualifications & process) :https://www.flhsmv.gov/insurance/self-insurance/natural-person/

One time fully assumable without qualification clause – gives the investor ease in which to leverage a buyer (who has paid a cash down payment) into a position of buyer of the property.

@Chris Winterhalter Here is where we clarify some terms.As you know in the syndication world we call the person or persons establishing the syndication "the sponsor"In the lending industry a person signing on a note to boost up the borrowers qualifications, is also called a "sponsor".I was referring to the latter receiving 10% for the assistance with the loan qualification.

There are threads about "finding private money" here.Keep in mind that after you gain experience as a landlord the rental income will be applied to your income qualifications, usually 75% of rents.

I found a lot to develop a 4 plex for the use of Short Term Rental units I intend to refinance and operate myself after the development. The lender I found gave me a verbal approval for the amount of the loan based on...

Find out if they are participating in first time home buyer assistance progams.Many cities offer grants that are forgiven after so many years and you can purchase with very little down.In the city of Rancho Cucamonga,CA they are giving $80,000 to qualified buyers this amount has no interest nor payment made for this amount.If you purchase a property that is $300,000 you actually make a payment on $220,000 rather than $300,000 so you get more of a home with a lower payment.Find out what the pros and cons are to these programs and what the qualification guidelines are.Some have equity shares if you sell within a certain period of time, some do not, it all depends on the city.I hope this info is useful to you.Best Wishes in your home search.

.$25,000 (est) rehab/holding costs$100,000 conservative comps in areaI don't have really any construction experience, but what I bring to the table is financing qualification.

If you want to send multiple offers at the same time and not wait for responses, maybe simply send an email stating your price and terms with an attached proof of funds/loan qualification letter and wait for the bargaining to begin.

That should suffice for proof of funds.Now, if you don't have the cash available, and you're looking to borrow the money, then what you want is a Pre-Qualification or Pre-Approval letter from a lender.  

I have a SFR for rent, i'm using the application from Brandon Turner's book on managing rental properties & the qualifications listed there in.