Whether you exceed it before or after the loan is made doesn't alter the risky-ness of the situation - the risk to the bank.  

Translation: opportunity rarely presents itself in an obvious form. 

I own my home with my wonderful husband. who is a numbers whiz.I plan on utilizing his talents as my partner in crime as I explore my alter ego, which has long been itching to emerge as a real estate investor.

I could see how a fully rehabbed/decorated property would translate to really nice pics.

There is Russian saying (in my free translation) "Friendship is friendship, but keep your money separately", something like that - you get the meaning.

The Industry Heirarchy1- Consumer (you, the public)2- Broker, Bank, Lender3- Correspondent Lender (a broker with a line of credit)4- Wholesale Lender (can be a bank or instititional investor)5- Portfolio and Servicing Investor6- Securitizer (basically a broker who creates, buys and sells pools of loans between Wall Street and Investors)7- Wall Street (where the money comes from)Now I really don't suggest going to a "bedroom" broker (one who works from their house) although their nearly non-existent overhead sometimes translates to lower rates and junk fees.

@Hattie Dizmond - your answers are always good, but you nailed this one right to the cross...lolol  Can I translate - quit wasting our time; go use the calculator!

What follows is a simplified version that has been translated through my limited vocabulary and math skills.

Paint can do wonders for altering the perception of color.

wasnt sure if your jewish :) otherwise translation, happy birthday!