To make a strong offer, you need little to no contingencies, quick closings (typically), large EMD, POF, and an ability to create a spread for profit.

Essentially this takes an on market property and attempts to turn it into an off market deal after it is in escrow. 

less than a week but we typically get lots of activity.

Got it for a good price pre-construction and was essentially a new build, new roof, central A/C, W/D in unit, dishwasher, bamboo floors, new kitchen with granite, 16 ft ceilings, small loft area, skylights (yes, it is the 4th floor in a walk up). 

Fine print.You should never be required to use any closing service (e.g. escrow) provided by the flat fee service agent.We've done hundreds of these for sellers in California and have found that a home selling boils down to getting just three things right 1) get pro photos, 2) offering a fair buyer agent commission on the MLS (typically 2.5%), and 3) price it right, which you'll know once you list (lots of offers = too low, no offers = too high.

@Jason Jebeles,Homeowners policies are typically inadequate for Short Term Vacation Rentals such as HomeAway & Airbnb.

The best rentals (for passive cash flow) are typically in B/B+ neighborhoods (good demand, low tenant turnover, but not such high PITI that you lose all your rental income to the bank). 

rate/term (i.e. no cash out) are typically 95% LTV, but truth-be-told, I don't quite understand what you're asking.I will say that down payment on a traditional mortgage (i.e. conventional loan) cannot be a loan.

Typically, the IRS likes to see at least 2 years. 

He or she will tell you exactly how much they can finance based on the current interest rate and the Debt Service Coverage Ratio (DSCR) that they need (typically 1.15).