I will look it up to confirm.As for the gift letter, they are required, but that does not mean they aren't sometimes overlooked by inexperienced/unfamiliar loan brokers until the file has reached underwriting.

So far I have two books on my list (commercial mortgages 101 and ABC's of REI) If there are any investors or brokers in the south Florida area I'd love to hear from you!  

I will become a Broker and a successful investor.Thanks for reading, and have a great day!

I got that degree and a broker license in 1980.  

Brokering without a license is a 3rd degree felony.

I have an option to do a cash-out refi for a penfed 10 year balloon (3.875% interest, 30 year amortization) or a 30 yr fixed with a mortgage broker(4.75% interest) for my BRRR method strategy for a SFR rental.

OP should speak with an insurance broker to harden the homeowners insurance number.

When you move on to a broker the risk increases some but you can still figure it out.Once you move into the private world AND broadcast you need money you have people seeking you out simply to rip you off.

To support Michael Le's comment, building a strong TEAM is important.Real Estate agent, Lawyer, Mortgage Broker, Property Mgmt Company, CPA, etc.

I am looking to get in contact with a real estate broker in Kansas.I am looking into commercial.