In larger lenders the underwriting and sales departments are so insulated from one another, that it can be very difficult for them to even speak to one another.If your able to get Tracey, in this example, to reassure the underwriter to add that extra contingency then you might get it over the hump that so many of us run into.

Lenders often favor those with good history and their review board can make concessions and adjustments to help everyone involved get over the hump at the end of each term.

@Sean TaylorI think a little more information would help us be able to give you advice.

While we are protected on that other loan, this loan would have been extremely risky and was a no go for us. Be

We had another one under contract with potential ARV of $550k and the numbers supported us being at 70% of ARV including rehab, but we had to let that one go for lack of funding, as all our capital was tied up in our existing rehab and due to our novice status the hard money lenders weren't yet comfortable with us without a big chunk of proof of funds, even when the ARV and rehab numbers worked out.

Next is replacing any doors and windows.Take off old siding, If your in cold country you should sheath house in usb and caulk cracks to prevent drafts,wrap house with tyvek or tYpar.  

But it was the catalyst that led to us being able to live the life we dreamed of.I'm pretty sure I wouldn't have reached financial freedom if we had just stayed in Virginia.Moving is hard, but sometimes the catalyst for a radically different life comes from changing your environment. 

I ran electrical for the tv to be mounted in the living room and usb plugs where I'll be mounting a "coffee bar" on the kitchen side of the fireplace.

Unfortunately the heloc app was declined due to us being 3 points over what their debt to income ratio guideline was.  

With us being new, we are unsure what to do.