The person you spoke with may be referencing earnest money deposit (buyer showing the seller they have skin in the game; this can be refundable or non refundable).Some lenders require an application fee (junk fee) and those lenders typically are more expensive to begin with.

The tricky one is the rent to income ratio and how it is related to the median family income.I did note that at lease one other poster was advised to always use the low barrier screening criteria to avoid potential lawsuits. 

Have a way for a potential property management client to contact you. 

@Kasim RashidBased on what you provided it seems like you bought the foreclosure on the firstNow what is not on that report is any water sewer or utility liens or potential code violations which could attach to the propertyI recommend before bidding at foreclosure to do your due diligence and home work

“If an individual is part of a high-deductible health care plan, making a contribution into their health savings account would also reduce taxable income.”Donation to a Qualified Charitable OrganizationCharitably inclined individuals might consider donating cash or appreciated property to a qualified charitable organization, potentially providing a tax deduction to help offset that tax year’s taxable income.

Hey guys! My name is Noah Branham. I’ve been investing in RE since 2019. I’m currently looking for my first home to reside in. I have a question and would love some help on it. Am I able to purchase a wholesale deal w...

Hey Noah, I would first find a market that is suitable for you and showing signs of potential market growth.

Hi All, My journey has taken me to underwriting hundreds of potential deals..

If not, which permits are applicable to the moving of the mobile home and reconnecting the utility infrastructure?

Are there specific strategies or platforms for connecting with potential development partners open to joint ventures or revenue-sharing models?