There are 12 states that require NMLS registration and a state license for ANY loan on a 1 to 4 unit.. the rest of the states you may make a commercial purpose non owner occupied loan without a license.

I am clueless.Yes you can sell using Sub To, Land Contract, Owner Financing - what is frowned upon and difficult to do correctly is Lease Option.

You only have to occupy the property for 12 months before you can rent out your owners unit and then the property is all tenants, while keeping the FHA loan if you wish.

I'm a newbie and I am interested in a 2 to 4 family home that will position me to grow in real estate investing and provide a good level of cash flow while owner occupied.I plan to use an FHA first time home buyers loan to purchase the property, and I am looking in University City (63130), Soulard, Hi Pointe, Lafayette SqIf anybody has any advice or opportunities to work together, please let me know!

If it isn't, sell and hopefully pocket some profits to invest in something else.If it is for you, you could repeat the process and buy another owner-occupant property and rent our your previous.

At detached houses tenants often bring their own appliance like frig, washer and dryer, whereas in condos and TH those appliances are often supplied by the owner.   

Can I use my wifes income to help qualify for loans if we both personally guarentee it even though I will be the sole owner of the LLC?

You need either the address or the owners name or the permanent parcel number to pull up the information. 

Networking through my list of contacts and property owners...I wholesaled it.

Plenty of competition out here, anyone investing out here is feeling it right now.About a 44.5% owner occupied ratio.