My objective is to further educate myself on the real estate world for personal property purchases in the coming years.

Strict pet policy no one ever objected to.

Yeah there's others out there that just throw a few numbers and collect there check at the end of the day but the same principle applies to wholesaling deal.

What is the objection?

We have been working with a local lender for years but their main objective is rehabs and new construction. 

Or you can buy now and get paid while building equity via principle recapture. good luck!

You can always refi if it appreciates or you recapture the principle to the standard 75% or 80% LTV. 

Let us be the buffer between you and allow us a chance to overcome any of their objections.2.  

Any objections?

To my disappointment I was denied a loan of $170,000 from quicken due to high debt to income ratio ( I was over excited and failed to do my due diligence) I didn't think to add in the new payment into my calculations.....oops, But with that nice lesson learned I now know what needs to be done in order to get either 50-80k on a heloc. so my question is when the lender calculates the dti on the heloc do they use the interest only payment or principle & interest.