Most of these properties qualify easy.

If the owner is working to be approved to participate in a short sale program, the mortgage servicer will first make sure they qualify from a financial hardship standpoint, then they will order values (type depends on the type of loan it is, FHA, FNMA, FHLMC, etc.- usually BPOs but sometimes appraisals) and that value will end up determining what offer they will approve.  

How are you going to generate leads, qualify, contract, and then find buyers, qualify them, and then find the next deal?

Welcome to the BP family, you have found the right group to develop your skills.  

I've ventured out on my own, so to speak, before with my own company and some of those skill will undoubtably carry over to this new venture; in-fact some already have.

The only thing that changes is that, if you chose to file as a C-Corp for some reason, the profits that flow to the members of the LLC would be taxed as qualified dividends as opposed to ordinary income on the personal 1040's.

Hello All,Without getting into too many details, I am looking to get pre-qualified for a mortgage on my primary residence (for whenever I am in Canada) before I go house hunting.

It seems to be somewhat of a problem to get a qualified roofer to replace copper for less than an arm and three legs!

While I don't think of myself as a good resource for investors themselves, I defiantly can be a resource to qualify and finance future buyers of your properties should the need arise!

The advantage of getting a steady paycheck was that I was able to qualify to purchase more rental properties.