CORRECTION from above statement(s): Many Lenders will NOT require you to be a Personal Guarantor of a loan your partner gets.

Long story short, any owner-occupied property loan will require the borrower to show income that the lender can determine to be stable and predictable in their good-faith effort to confirm the ability to repay. 

We had our Podio custom-built to meet our specific requirements, systems, and procedures.

.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

I have just started in a 3-day training for the Lee Arnold broker certification program and thus far just completed the online material required for preparation. 

You are required to disclose knob and tube wiring to insurance companies. 

There's also plenty of lenders who falsely represent the true capital requirements to originate their loans or are merely up front fee collectors. 

Anything single family will require very creative strategies in order to generate cashflow. 

We've sold 65+ homes and the biggest request we get from our Buyers is help with closing costs.Most of our deals we're providing anywhere between $5K-$10K to help Buyers offset the cash requirement to purchase a home.Even in today’s "high" interest rate environment, many Buyers prioritize closing cost assistance over an interest rate buydown.

Most lenders won't require an application fee and should be able to clearly lay out their financing costs, cash to close, and projected profitability for you.I hope this helps.