In addition, the deposit on the property is typically 5% - 10%, I have read numerous forums, etc. that proclaim that wholesaling is an excellent way to get started as a new investor with minimal capital available.

It works best when showing applicants the units, any "can you work with me" questions can easily be met with a stupid look and a, " the company & the owners don't do that", or "I bring it up to the board of directors".

You will have numerous buyers contact you.

Try to give applicable information in the question, if it's about a loan we need certain types of info, not a big deal as we can ask, but if you were denied a conventional loan you might give some details as that determines which way to advise.

That may be an excuse given by your bank in your application, but that's pretty much on the applicant.There is so much bad information all over this site and others, usually given under some business agenda, or rivalry between posters or just unknowing souls that much of it becomes skewed in the minds of those trying to learn and the purpose of the site fails.Is it possible to sell a property at a premium?

Hi BP,I am currently in the process of accepting applications to rent out one of my units.

(Though not applicable to my case)

Hello.....Well it has come to my attention that charging an application fee in Massachusetts in not legal?

With a million dollar listing you can bet the agent will run you through the ringer with Proof of Funds, Verification of Deposits and Numerous Background and credit checks.

(D) Coordination with recognition of gain attributable to depreciationFor purposes of this paragraph—(i) subparagraph (A) shall be applied after the application of subsection (d)(6), and(ii) subparagraph (B) shall be applied without regard to any gain to which subsection (d)(6) applies.