Each program is a little different so it just depends on your situation and income.They are quick and easy though once you get your certificate you can work with any Bank or Lender that is approved to use those DPA's.

The bank can not do a "precautionary foreclosure" on you.

As a Mexican realtor, I’ve worked with clients alongside an accountant to simplify the process, including setting up the necessary bank account for rental income.Let me know if you'd like more guidance! 

There is a reason banks don't make loans on stocks.

Try talking to local banks who want to do business with you.

In theory it would be wonderful to get mortgages at 3.5% down and search for value-add deals to near break even on cashflow after year 1-2, banking on appreciation from a highly-leveraged investment in a growing economy.

His "buyers" - who could not qualify for a loan because, presumably, they could not convince the bank they made enough to cover PITI payments - inevitably defaulted, and after a few months he would evict and start all over. 

ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank. 

IMO: It looks like regulators were asleep at the wheel here, just like they were concering the big banks and derivative providers like AIG.Whew, ok background done….

That'll help you figure out what direction to aim in before speaking with a bank to figure out how much you can qualify for.