You are referring to qualification requirements which of course minimum income requirements are requiredSo back to your post. 

Hello friends, 3+ years ago I purchased a piece of commercial property that I converted into 3 residential units with the intention of holding long term. Now things have changed and I have the opportunity to turn the ...

Scenario: $1,000,000 List priceBuyer #1:offers $960,000 submitted with a qualification letter for the same $960,000 with $5,000 scribbled in the deposit line of offerBuyer #2:offers $955,000 submitted with a qualification letter for $1,213,700 (odd number is for a reason) with a $40,000 Good Faith check or Escrow Letter Most sellers and listing realtors would go with Offer #2, where the buyer is negotiating from a Position of Strength, backed up with a substantial Deposit showing they are a serious and capable buyer.

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

It's the initial qualification to get the construction loan that is hindering me from starting. 

I've spoken with a few lenders locally and I've noticed that they've had less of an interest in helping me when they find out that I'm 19, don't have 2 years of history with the commission, and don't want to give them my social to begin qualification.

Each bank has their own qualifications since this will be a commercial loan.

In order to meet the qualification that you have lived in the property for two out of the five years prior to sale you'll have to move back in. 

We have qualification and don't need to use owner financing, but are definitely interested the advantages that can come along with it.What creative financing routes could we use to allow us to acquire these properties while minimizing the sellers tax implications?   

Your income is one of the primary items in your qualification.