Ali Boone,A friend of mine purchased a Condo, at the height of the Market, on the West Coast of Florida.As part of the deal, it came with a tenant with a one year lease.After the year had passed, my friend stopped receiving the "guaranteed" rent.The developer took that tenant and put them in another Condo,and sold that Condo with the same guarantee.My friend had to find another tenant, and because the rental market had collapsed, she had to drop the rent.

Most will give you credit for the bonus income so long as you have consistently received it over the last 2 years and that its likely to continue.As far as getting pre-approved via a credit union or a bank, keep in mind that credit unions are regulated much differently than banks and mortgage bankers, so they typically dont have the depth of programs and cant go to as high of an LTV on the purchase as a bank or mortgage banker / broker can.As far as 4 units being tougher to finance.

You can see a full accounting of that month posted here[/url]http://www.biggerpockets.com/blogs/3976/blog_posts/28423-costs-revenue-for-june[url]The short version is, after all revenue is accounted for and bills received paid, we have $281 left.

Only licensed brokers can receive commission, which it sounds like he's essentially proposing.BUT - Phil makes a great point about paying per lead, not as a percentage of the sale.

Owner just recently received c/o.

He also lets me receive my 3k back on my first deal before we split the rest of them.

. – Guarantee) that the title to their property is clear and that the buyer will receive all rights to the property (subject to any prior restrictions).

This will also help bring to light the closing agent/title company that should have paid the lien off and received and recorded the satisfaction.

I also now receive $65/month more in rent. :)

He stopped responding and finally a week later he texted me and started the 2nd coat.