I have one title company that doesnt charge me a cent for preliminary title searches, they just bill me on the back end if I get title issued.Title companies have foreclosure lists and can get you any lien data you need, so certainly get to know your friends at your favorite title company!

As long as the preliminary numbers that were sent to the bank don't change, this isn't an issue.

At the very least, be sure to run some preliminary title, talk to some local realtors or investors for another evaluation of the neighborhood, and get pictures or inspections completed first.

You can even run a preliminary search to get the answer to that question.2.

I have a preliminary title report on the property.

You will have to do some of the preliminary work just to get the project off the drawing board.

I would wager right now it is nearly impossible unless you have some nice connections with a local bank(Think 1-2 branch bank).

Put the property under contract and create a preliminary hud-1.

I have posted some info around looking for private lenders, but could use some tips as to where to look and if my approach is ok.What follows is what I have drafted so fat for preliminary info on the deal.

The preliminary answer from the bank is that the dscr ratio is below 1 and the loan may not be approved.