I have done several projects in which I have prepared floorpans and site plans for governmental bodies to review for approval before alterations. 

As it sits, the cash investor could deal directly with the wholesaler and cut you out completely without altering his position much.

The lease says they can not make any alterations without approval, but they made many alterations.  

If you altered the statement digitally to show more funds, and faxed it over to the agent, is it technically violating any law?

Additionally, the layout of the house required significant alteration for the area which we did not do. 

If it's for a flip, then you would need to take the lot size into consideration as this can alter the appraisal value of a home in relation to the comps if your lot is half as big (or small) as the surrounding ones.

Appealing to brandsFrom a hotel operational perspective (or even a government one), you can apply or appeal for alterations to kitchen design if you can make a strong case for it.

Once you pull, there's no more alteration.

Pool Repairs are allowed.Improvements that do not conform to the surrounding neighborhoodAny new construction including room additions.Landscaping or similar site amenity improvements.Rehabilitation activities that require more than two payments per specialized contractor.Major rehabilitation or major remodeling.Require plans or architectural exhibits.Results in work not starting within 30 days after loan closing.Borrower is unable to occupy at closing or within 30 days.Television antenna and satellite dishes.Additions or alterations for commercial use.SFR conversion to a 2 unitAny structural repairs or renovations that are not foundation or roof repair.Parties listed below are not eligible to perform the work: BorrowerFamily MemberBorrowers EmployerSellerRealtorAny Interested party to the transactionMaximum number of contractors: 32 Draws, 30% initial and 70% final.Contingency Reserves A contingency reserve equal to 10% (or may be higher depending on scope of work) of the total costs of the repairs and renovation work must be established and funded for all mortgages to cover required unforeseen repairs or deficiencies that are discovered during the renovation. 20% contingency reserve required when property needs structural repairs, or where utilities are turned off.

And of course folks bragging about their killer interest rate while listening to "Hipster Cocktail Party" on Pandora might not mention that they spent 2 or 3 discount points buying it down as a fashion choice, not necessarily a rational economic one.You can't day-trade when you go into contract, nor are you in a position to alter the presidential election results, but you can (and should) day-trade when you refinance.