In fact, if you come across a broker that promises to fit you into loan for which you don't legitimately qualify, RUN!

If you have, then you qualify for the 121 Exclusion (Section 121 of the Internal Revenue Code). 

Here's the tip:- Have a conference call with qualified investors to talk about your deal and...record it! 

And have  a criteria that qualifies everyone equallyYou should consume your timeIn learning how to do Open HousesHow to manage your tenantsHow to keep them long termHow to implement your lease agreementYou should consume your timeIn learning that your home is just a tool in your business and not your babyThat this is a business of evictions, damages, and fixing your home up over and over again!

I put together a spreadsheet here to help potential house hackers quickly analyze whether or not a property qualifies.

Should I now go talk to banks about a conventional loan for "livable" houses or a HML for "non-liveable" houses to get pre-qualified (from what I have been reading, banks will not lend on houses that are not in decent condition) or should I try to get a deal under contract and then seek financing? 

They must be used to purchase investment real estate and qualified costs of closing.  

I put together a spreadsheet here to help potential house hackers quickly analyze whether or not a property qualifies.

So, I am into wholesaling and I am creating my cash buyers list. I have a list of people that I am going to call to see if they are interested in getting information about houses that I find. I feel pretty confident a...

If Chase took this position, it's likely the borrower doesn't qualify under a financial hardship....he just wants to get rid of an upside down property.