qualifier to last post:factors that impact rei strategies:EXPERIENCE - this involves having advanced knowledge of rei - being able to look at something and KNOW it's a gem, realizing that even at or below break even for a year or two, a certain investment is a great opportunity regardless and this of course, depends on the next factor.CASH (OPERATING FUNDS, DOWN PAYMENT, BUYING ALL CASH, ETC.)Individuals, partnerships, Corporations etc, that have the means to close in 48 to 72 hours, or have enough funds to take on a negative cash flowing investment for an indefinite period of time - again, knowing it's a killer investment opportunity.

I purchase them, fix them up as needed, put tenants in, management in place, then offer seller financing to those that qualify.

What I mean to say is that I know I can refer leads to my mortgage broker and the ones that will be able to qualify for a mortgage are the ones for which I will make a marketing fee.

If you fall under a certain percentage of owner occupied units the condo does not qualify for FHA financing.

These are usually created through your negotiating skills with "motivated sellers".Should I maybe first start at Wholesaling to build my money before doing a rehab?

3 or more reasons WhY Commercial properties are vastly superior to residential properties:The Commercial property itself for the most part qualifies for the loan vs.

Fortunately one of them wanted the house and qualified (barely).

A 625 score is not going to qualify you for the best rates or programs available so you need to go in with your eyes wide open.Good luck and yes there is money to made in RE it takes work and effort just like anything else in life.

You must have dependable and skilled birddogs, lenders, interior designers, budget/site managers, contractors, realtors etc… 3.

They don't make enough to pay very much rent.A 2 worker family can only qualify for about $600-$800 a month, and wages are high around here.