Looking for advice on rental

[David Galvan]

Hello all, I am in the process of refinancing my home and then getting it rented out. However, the refinance paperwork has not gone through yet and I already know someone that wants to rent out my property. Would it be best to get refinanced before applying for another loan in order to really make sure I qualify for the 2nd loan? Also, should I tell the interested renters that I am glad they are interested and that I just need some time to make sure all the things on my end are lined up? Thanks for your help!