For example:- Interest- Amount of time to invest- Amount of capital to invest- Credit worthiness- Location/market needs- Cash flow needs- Long-term goals- Years to retirement- Skillset- Education- Network/contacts- Etc.Why aren't you factoring these things into your analysis?  

Banks should be free to assess the credit worthiness of individual borrowers, without the specter of federally insured mortgages. 

A landlord may not evict a servicemember or his or her dependents from certain residences occupied primarily as a residence during a period of military service except by court order.The fact that a servicemember applies for, or receives a stay, postponement, or suspension of his or her obligations or liabilities pursuant to the SCRA may not in itself provide the basis for the following:A determination by a lender or other person that the servicemember is unable to pay the obligation or liability in accordance with its terms; A creditor’s denial or revocation of credit, change in terms of an existing credit arrangement, or refusal to grant credit to the servicemember in substantially the amount or on substantially the terms requested; An adverse report relating to the creditworthiness of the servicemember by or to a consumer reporting agency; A refusal by an insurer to insure the servicemember; An annotation in a servicemember’s record by a creditor or a person engaged in the practice of assembling or evaluating consumer credit information identifying the servicemember as a member of the National Guard or a reserve component; or a change in the terms offered or conditions required for the issuance of insurance.Whenever a court grants a stay, postponement, or suspension to a servicemember on an obligation, it may similarly grant a person primarily or secondarily liable such a stay, postponement, or suspension.ConclusionThose engaged in purchase money lending as chattel for manufactured homes, and those engaged in lease with option to purchase are equally bound to comply with these regulations, but not in the same format required for government backed mortgages.All purchase money agreements should contain, or by separate notice of equal importance at the time of closing for which the borrower(s) affirm in writing receipt of a copy of, their rights under SCRA in a format acceptable to the CFPB and other regulators.

In this example they look at your credit worthiness as opposed to a commercial rental property loan that may only look at the asset to pay the debt service.

Application approval/denial forms - not so much needed for approval; more needed for denial especially if it's due to credit score or credit worthiness.4.

@James Dee A bridge loan probably makes the most sense in this situation.As an umbrella rule, debt is going to be cheaper than equity.Bridge lenders tailor their products to accommodate situations like the one you mentioned, so it shouldn't be too much of an issue to obtain bridge financing assuming you're otherwise creditworthy and the building is in a reasonable state.

I will pay that relative $5k for using there credit worthiness in 12 months.

Because they are not approving me based upon my creditworthiness they cannot provide an unconditioned approval letter.  

I don't want to cash out of my primary residence, but having that nest egg of appreciation under me still makes me more credit worthy when I want to pull  cash out of other property or originate new loans, and the $1500 monthly mortgage helps with the rest of cashflow.The thing is, it's hard to know when you're getting on that rocket and just how far it's going to go.  

For flipper loans you're probably dealing with borrowers with many contingent liabilities that are likely to impact their creditworthiness if anything else in their portfolio blows up for whatever reason.