AS for owner occ homes or new construction.. folks buy those on need and emotion.. not on financial return calcs.. 

They are telling the current owner that he can not apply because he bought the place and knew that it was a single at time of purpose but that as the buyers, we could argue for financial hardship because no one would buy a 5100 sq ft SFR.

Congrats on being on the way towards your financial freedom and investing!

We are trying to close on 3-4 houses per week, but because it's for a large portfolio with the specific focus on turnkey rentals it has to meet a very specific financial criteria.

Also Seller is willing to make any repairs that the financial institute says is a requirement for the buyer to be able to get the loan.

The seller had run into some other financial troubles and needed to sell the house right away.We received a call from the seller on Friday, Sept 14th asking us if we wanted to purchase.

I feel reasonably equipped for what we are trying to accomplish ( financial freedom in 5 years) but wide open to suggestions, guidance, mentoring, and changing the plan as needed;when needed.   

One of the fastest ways to turn the financials on a property like this is separate metering.  

It's located at https://www.biggerpockets.com/forums/93-wholesalin...Get educated and then take action.

I am 22 years old and have been jumping from job to job the past couple of years not finding anything to my liking. i'm still trying to figure things out for myself but i know i want to be financially free by the age of 30 and i want to work for myself.