The loan limits are different for 2-4 units properties in regards to the VA loan.https://www.benefits.va.gov/homeloans/purchaseco_l...Respectfully,Rosanna Shepard

I think I’d try to get 2 or 3 grand for the drama. 0% chance an inexperienced person with limited funds is walking away from 10k.

You really have no control of what happens, no matter how well you manage your clients.The really good money most of us make in Real Estate is made by doing deals.

Here is more on Home Possible:http://www.freddiemac.com/homepossible/Here is a lookup to see if your property is in a census tract with no income limit for Home Possible:http://www.freddiemac.com/homepossible/eligibility...For Fannie - yes, it is possible your DTI is too high but that would mean the opposite of what you said for Fannie above (the lender said your income was too high). 

It's great to have more control over employees, but it's also great that if materials are stolen from a job then it's your subs problem and not your own. 

Lets say ARV is 200k, your limit is 65%, so the MOST amount of capital a lender will give you is 130k in a 1st position. 

Just be wary though - The home office deduction may possibly be limited if you do not have net income.

The marketing would be limited to free services (ie.

My concern is this: if I decided to do an MLO and made my payment directly to the Seller's lender, would I not still be in jeopardy because the other properties on the lien (which I have not control over) could default.

However, this is likely from appreciation which is great... and leads me to 3...3) How much home value is your equity controlling?