Hello All,My friend has a real estate company in which is the only employee/employer (broker-in-charge).

They are given to self-employed borrowers with scores over 680 , and must have a clean history.

In my opinion thoes days are long gone but could return in about 15 years or so they say 5 million + people will be moving to california in the next few years so the demand for homes will be up they better have a minimum of 3 years verifiable employment and credit too alot of home owners here are from mexico were 5 family with 5 incomes to suport the loan

I say SI because when you start a rental business it's really a self employed investment so the shift takes a bit longer than in RK's books.

With my brother, we have an employment agreement, he gets a salary (and commission) and he officially doesn't have any say in the company direction, strategy or high-level decisions (though we highly value his opinions and always consider them).

I do call previous landlords and their employeer.

I'll never forget my Mom's response when I told her I was striking out of my own and becoming self-employed after 13 years working in the corporate world: 'You can't be serious.

Typically, the sponsoring entity must be the loan originator’s employer.In the manufactured housing industry, at least three types of entities may employ loan originators: (i) personal property-only finance lenders; (ii) retail sellers of manufactured homes; and (iii) owners of manufactured housing communities.

I also can't imagine that the cost would be any more than employing all those TSA employees and scanners.

My employer (a bank) restricts me and other employees from investing in real estate (we have to disclose all outside business activity).