Pre-Approval Letters... Houston but general to all

[Kevin Wood]

Hi,

We've made offers on four multi-family properties now. Financing is not an issue. What has become an issue is that each seller is requesting a pre-approval letter. This is frustrating because we often will offer on a property within 48 hours and at least the banks we are working with don't just mail them out that quickly. My question to you other investors is how do you handle this pre-approval process in the context of the offer process?