Every month, they invite a national guru to come, teach, and sell (at a discount and with some guarantees), but they're not attached to any one of them.  

We've found National Bank to be very investor-friendly; 20% downpayments and after a year if you show no rental income loss on your tax return they don't consider that mortgage payment in your debt to income ratio.

Assuming the seller isn't a financial institution reporting to credit bureaus there should be no dings on his credit.

Welcome to the BP Nation!

Hi BP Nation,I understand that this might sound all too basic but I need to know ALL the responsibilities and duties of a PM in a TK setting.

Are you able after you've done the repairs, and failed to flip within say 3 months, obtain financing via a bank or regular lending institution?

"According to BBVA Compass, the subject property must either be located in a low-to-moderate income census tract (as determined by the Federal Financial Institutions Examination Council) or the loan applicants cannot have an income greater than 80% of the median income for the area, per the guidelines"http://www.housingwire.com/articles/33120-bbva-compass-launches-zero-percent-down-mortgage-programSounds great for those who invested in low income housing areas don't think Los Angeles would have areas your friend would want to live in

You mention your phone number along with your website address perhaps suggesting the buyer (you) is an institution!

Not sure if this applies nationally but I read this online and it was confirmed by my lawyer 9 years ago when I opened my LLC.

I can tell you that most of the good agents won't even show you properties, unless you have a preapproval from a reputable lending institution stating that you are a pre-qualified buyer.