The defendants — Woodbridge, 281 related companies and Shapiro — did not admit or deny the allegations.Woodbridge, according to the SEC, told investors it would use their money to make so-called hard money loans — a type of expensive, short-term loan that’s secured by property and is often used by house flippers and other property developers.

I would not personally ever invest in a property that did not have all separate utilities in light of the potential misuse/abuse  and non payment issues that will definatly arise.

Throw "duplex" or "fourplex" into your search string and you will start to read stories of preapproved borrowers with non-occ coborrowers putting 3.5% down who were denied at the last minute.

Application DENIED!

If something requires repair due to abuse or neglect then the Tenant can be held liable. you should have a clause in your agreement that explains this. 

No inside access = Denied.3) What if they think I'm being intrusive?  

Nothing wrong with multiple layers if done RIGHT...here in Florida 2 layers is permitted and insurance cannot deny coverage and you do NOT need to disclose on sale because code allows it.

After appraisal, the bank has determined there are no comparable properties and thus no basis for the valuation and have denied the loan.

They did an awesome job submitting my applications, explaining the follow up that needed to be done by me and extending my term as the first submissions of credit applications where denied (I had just sold my place and didn't know that you had to have 2 years at your current place or I could have used old address and just forward it).Any questions I had were always answered, I learned so much about how to obtain credit even AFTER you are denied! 

I never try to tell them they should or should not apply.When denying an application, I don't give a specific reason unless required by law.