Need to work with a lender who is interested in doing business.

[Lou Vascek]

I am not interested in working with a lender who will lead you down thee garden paths for months and then say " sorry, we cant do the deal because there are no leases written. We all know that already, I will not waste any more of my time.   WTF- buying a house, 3 small commercial buildings, corner lot, parking lot and 6 garages....I can easily out 20% down, more if needed. My credit is in mid 700s, no debt an a strong financial profile..... I am not losing this deal because the bank wants leases that do not exist.... tenants are going month to month. Tired of lenders saying  " well, OK, and here is why we cant do your deal " .  I want to work with a lender or bank that wants to say yes, not one predisposed to saying "no ".  Goddamn banks !  Please reply, thank you

[Jeff Copeland]

Dealing with bank underwriting can be a pain in the a$$. I understand your frustration (and share it, I have two simple residential refinances that are approaching 60 days in underwriting...it's maddening).

But if you want the bank's money, lose the attitude and wrap your head around the fact that you have to play by the bank's rules. 

Their job in underwriting is to avoid risk. Having no leases in place makes your deal a huge risk, for both you and the bank. Many businesses are struggling at the moment, and with no written leases, ALL of your tenants could cancel next month...then what?

Written leases should not be an insurmountable obstacle. Figure it out and find a way to make it happen, or plan on paying cash, or at least much higher rates for hard money or bridge loans.