Then, I guess I'd assign the contract over to the flipping partnership, and maybe charge some kind of nominal, pre-agreed on fee for bring the deal (to cover the cost of marketing and paying the commission to my assistant.)

You would still owe the same amount either way, but BOOM now you have NINE financed properties and can still get #10 Fannie/Freddie and avoid the 7%.There are also games you can play with putting the property and debt in your spouse's name alone (we're a community property state in CA so it makes little difference so long as you're married), with shoving the smallest debt amount into commercial, and a few others, but rolling your lowest mortgage balance into the property that you have the most equity in is the most commonly successful technique.TLDR: You can shove as much debt into as few properties as possible to avoid the 10 financed properties cap.

Pre-approval letters are worthless sometimes.

Got a number of deals rolling (now pure flips, fixers, and a number of rentals) when we got orders back to the UK. 

As once you are under rent control , you are stuck with current rent rolls and you can only increase the current rents by couple of percentage a year... 

I'm not sure exactly how long I have been a member here...maybe 8 or 10 months...but I'm finally getting the ball rolling, and really looking into acquiring my first property. 

Also, I was in a similar process and walked away because of property lines and the headache involved BUT I contacted a pre-fab and they were like $90/sqft including everything except utility hookups.

Also I work closely with a fantastic lender if you want to get pre-qualified.  

Since I'm low on money but could always use credit cards to get the ball rolling these are my two options unless I find a Investor who is looking at getting some rentals.

All foreclosures pre auction MUST be published so banks find the cheapest way to make it public knowledge.Nick