And that verbal statement is good for the duration of that phone call, that's it, if uploading a W2 and bank statements is "too hard" for someone, that just means they aren't buying real estate in California, and that's ok with me, my landlord clients need renters and I'll indirectly realize some earnings that way (insert evil laugh here).By convention, preapprovals are good for 3 months.

My number one best all time creative financing of a property that I ever did was for a purchase of a empty lot two blocks from the ocean in Long Branch, I was reading the local auction list in my city when I noticed a property that at auction two weeks before that opened at a starting bid of $25,000 did not receive one bid, I went to the auction thinking I was going to pick it up for $10,000, I get to the auction at City hall and when the bidding started for this particular property I waited to see who was bidding, a man started it and I waited until nobody bid to start my bidding, well this man really wanted this property and so did I, when we were at $50,000 I started to try and knock him out by bidding in $1,000 increments instead of $100 increments, every time I bid he bid a $100.00 more, this went on until my winning bid of $66,700 and it was now mine, now if you don't know much about city auctions you do not walk around with that kind of money, a 10% deposit is what this auction required and they give (I forget the exact amount of time maybe 30 to 45 days to pay in full) now comes the creative financing part, I take my high credit card limit at the time of $72,000 (I saved all the 0 % introductory rate checks if paid to another credit card balance transfer and pay off another credit card that had a small balance of $1,000 and overpay the bill by $68,000, the overpaid credit card company sends me a over-payment refund check for $68,000 (that is 0% for six months being that it was a balance transfer offer of 0% for six months) I pay in full for the property within the time allowed by the city, (this was in 2003) I refinance another property that I increased it's value with the creative equity work I put in and got a favorable appraisal that allowed me to park the debt into a 30 year mortgage, the empty lot sold in June of 2006 for asking price of $229,000 with a profit of almost $150,000 after commissions, property taxes and maintenance/lawn cutting.

As they say in poker, if you're at a card table and you can't tell who the sucker is within the first 30 minutes, you're the sucker.

He said he accepts Cash and Venmo only(no credit cards). 

I have listened to bigger pockets and Brandon at one time gave gift cards.

Was an active investor in bank card, payday loans etc.

This means that you will need to pay registration and filing fees in at least 2 states if you don’t buy CA property.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfBe sure to tell your accountant that you now need to file non-resident income tax returns in each state where you own property as well.

I've been talking with Sam Tbursi there and he's working in $75K to $100K credit line for my business, NOT credit cards.

Sending out multiple cards to the same list IS AN ILLUSION!!!

Then learn how to do the numbers, NOI, expenses, and others like ROI or learn to start building credit( Your already 19) so open up a card!