Just wondering how long it took for you you purchase your first property    For me  it started while flipping channels on dish one night and a guru make a zillion bucks overnight Infomercial was on (I didn't buy the zillionaire program)but I thought couldn't be to hard so I looked  online at property's  on land watch and afew other places .Next day  talked about it with my wife  then drove and checked out property's and had lots of phone conversations  (found that many realtors don't bother to return calls)and many of the FSBO must have gold nuggets and lots of  valuable gems scattered barely under the surface of their lots going by prices.   

It always says...BUYER: SELLER:Therefore any attempt by rehabbers or others to diminish the wholesalers role and their "cash buyer" status is nonsense.Unless you have the cash in your account (rare)... you are getting a loan.Wholesalers (along with rehabbers and ANYONE in sales) must learn to prequalify.It is only in real estate where the use of Sales Skills is mocked and routinely ignored.Have a Powerful Sales Day! 

So, if you have some other non real estate full time job it could be tough to qualifyAlso, flipping is considered active income because you will be in a “Dealer” status.

I think the score can be confusing, but the actual report is a gold mine:Does the applicant pay his bills?

In my experience, offer submission timing does not matter in cases when property switches from Exclusive (owner occupied) to Extended (Investor eligible) status.

If you just see some cat hair, standard excuse will be that the animal was a short term guest. 

I started a blog (www.miamirealestateinvestorshq.com)for local Miami / South Florida Real Estate Investors to provide articles and information to aid them in navigating the very diverse and competitive market real estate market.If anybody would like to write a guest post about anything related to the Miami real estate market, it can be featured on the website and act as a source of free advertising / name recognition for you, but more importantly to help fellow investors. 

Great property managers are worth their weight in gold. 

A big thanks to @Arlen Chou& daughter & friend, @Mel Selvidge& "J", @Kyle Zaylor, @Eva Poon& guest, and @Ben Brunettifor waking up early to give back to the community!

However, one of The Golden Rules says, those with the Gold make the rules!