Typically investment properties requires 15%-25% down payment depending if it's a single family or multifamily.

By way of example, a lender who excludes settlement costs and requires the borrower to fund the interest reserve is vastly different than a lender who includes the settlement costs and an interest reserve that’s capitalized in the loan.

Building your network requires time and consistency.

@Jordan Baker...becoming a full time MLO  right now will be  a  challenge  so its  good to  have another  income source  to  fall back on ....make sure that when you decide on  where you want to work - they are OK with  being an agent and a MLO  and   clarify  what limitations or gudielines  your  compnay and state  require ....you might aslo  reserach this  question with the DFI  in your location

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Require money deposited directly into your business account, electronic payment through a provider, or even cash at the door if you want to go that route.

Most lenders have a requirements above 75-100k loan amounts.

What does it require them to do, what does it require you to do?

ErinNothing.A QCD will include all other legal requirements for a deed, but without any warranty.

(Some cities have minimum home-size requirements.