Some questions

[N B.]

One of the biggest concerns is that - "We will start the process when the property is under contract" But wait.. I have to be pre-approved BEFORE I can even put an offer in. So, how do I work around this issue?

One more thing - how does "reimbursement of repair" works? I mean, I understand how it works, I think, but it just does not make sense to me. If I have to put my own money to repairs, and then, submit receipts, etc. to get reimbursed, then why would I want to borrow money for repairs in the first place? I don't get it. Could some one explain this to me, please?

Thank you so much!
:D