There is a qualification package.

Net Worth is a paper tiger and is really meaningful only at two points in your lifebragging rights at a cocktail partydealing with your estate when it goes to your heirsLoad Rate, qualifications for loans, and cash-on-cash returns have no component of your net worth.

I prefer craigslist, and that is where I got my leads.Avoid the following mistakes I made when getting my first tenants:If you do put a "for rent" sign out in front of your property, make sure to talk to the tenants to make sure they meet your qualifications.

That is for a conventional loan.Hard money lenders will have their own qualifications.  

The qualifications you must have according to their website are as follows:   A net worth or joint net worth with the person’s spouse exceeding $1 million, not including the value of the primary residence, and / or (2) annual income of $200,000 in each of the two most recent years, or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income in the current year.In addition, you must have a minimum of $5,000 to contribute to a project, although some investments may go as low as $1,000.

You should be able to call them directly and ask about getting a pre-qualification(different than pre-approval).

(Some deals fall through) That is approximately what you are trying to accomplish.My biggest observation is this.... to do a deal a week, you need to put two under contract at minimum unless your qualification skills are high, and your pricing, as well as selling skills are above average.If on the other hand, you are a newer investor, who has been having trouble "attempting" this... then I would believe that you probably haven't done that kind of volume.  

As already stated any registered agent can submit HUD bids but your agent must know and understand the market in order to obtain properties for a fair price that produces positive cash flow.Qualifying a home to live in is completely different than the qualifications for a income-producing property.

Your real estate agent will likely require it and the listing agent will almost certainly require it before having their clients seriously consider your offer.Talk to your lender, have him give you a pre-qualification or pre-approval letter, and then start making offers...

If its sounding promising at that point, start asking about rates and terms and getting into their detailed qualifications.