You're committing fraud if you do and if they find out they could call the loan due.

A good appraiser know what they are doing and none are going to commit fraud to please the seller.Joe Gore

I know that most people have never and never plan to commit a crime, but after seeing several of my friends go through the system, I also tell everyone I meet to watch this video.

Newer officers may need all their loans reviewed, others can make a commitment and they do so at different levels, usually that goes up with experience.

My advice would be to make sure that you do some serious research on any program that requires a big financial commitment.

I personally look at annual cash on cash return and look for ways to commit the least amount up front for the most cashflow.Lastly, have you found a lender willing to lend you 30k on an investment property?

3- How much time can you commit to it (while working your day job, family, etc)?

I think it's a big step of committing to your goals, leaving your job.

At this point, I already had a title commitment from the title company.

Apparently he was getting a commission on the deal as well so he will still get paid a little something and was able to make it work for us as well, and still keep his commitment to the seller.