Even if you don't try to get credits or items repaired, just so you know what's going to need to be addressed after you buy the property.Typical inspection will run you $500-$750 depending on the inspector.

Financing was 90% LTV through a local credit union.The SFR that we moved out of was NOT purchased with REI in mind and I would purchase it totally different today than I did then, BUT here are the numbers: Purchase price was $202,900 and it is currently renting for $1,575/month.

One could credit the remaining folks for the deposit on file and return just the leaving tenant pro rata, but then you need a small check from the remaining tenants anyway to get the full deposit, and you never know how they have allocated or paid the deposit (or even if they are on good terms), and you rely on the kindness of strangers to return it to the leaving guy (so he does not ask you for it later).Either way, make sure it is crystal clear and communicated (I communicate it multiple times) to ensure a smooth transition and prevent problems; that may be key, get the fuzziness out and make sure no feathers are ruffled.

I have no saving, I have a part time job, I have no money and my credit is horrible.

If not, you can always try the more costly no credit/credit check point option, or pay a larger down payment to satisfy the bank.

My question is, if I make a purchase using myself as a broker, is it possible to receive a credit from the seller when acting as my own agent instead of receiving a brokerage fee?

However, this is a situation when they deny that their partner has moved in but it appears like they live in the apartment building.This may happen because of bad credit or because of criminal convictions that they do not want to disclose.

Had somebody throughly checked this guys income credit and previous references he probably wouldn't be your tenant today. 3rd.

Just put them on bad credit.

I looking to obtain any knowledge or tips on acquiring  hard or private money lending, also I'm looking for the likes of a mentor.