More equity is better than less and affects qualification.

So, my question would be how do we get a balance of tax benefit, take advantage of expenses, and still be able to simplify loan qualification?

@Benjamin Molnar  You kind of answer your own question with your question:  if a person can get a contractor's license, with no intention of being a contractor and ostensibly no background, experience or qualifications in the field, I would say, in reality, such a license would be of little or no value and is reduced to just a piece of paper. 

Hard money qualification is typically experience, credit score, liquidity, and potentially appraisal.

If it's a larger organization, feel free to inquire about their staff qualifications.2.

 :) A bank will first seek brokers and recommendations as to agent's  qualifications, experience and an ethical side if they have had any sanctions before they send out invitations for a BPO, they can't nor would they take any jake leg who just passed a test.

Even though the borrower's credit is considered but it is not the most important factor; typically, the loan qualification is based mostly on the collateral value.FREE CREDIT REPAIR SERVICE FOR HARD MONEY CLIENTS"Your Vision Is Our Mission"Americap Financial Group Contact: Mr.Totton Toll Free: 877-998-7539 Direct : 312-283-5454

He offers to fund 95% of every deal that meets the qualifications (must be 70 fair market value and show positive cash-flow).So I do agree that we could probably learn in other, less expensive ways (we hadn't) discovered BiggerPockets at the time we signed up for Marco's course), but the tools he's bringing to the table do also have appeal.Of course, it remains to be seen if they are able to deliver, or if there's some catch, which is why I wanted to ask the community if anyone has experience with this particular course "Wealth in U.S.

I agree with Wayne Brooks.Also, pre qualification and pre approval letters are not worth the paper they are written on.A pre qualification letter just means that the person has spoken to a lender and TOLD them his income and debts.

They will want to see a well put together financial statement and ask for a page or so of past experience/qualifications.