Loan officers/brokers miss things too and don't ask for everything up front and that slows the process down, so take everything that relates to your income and debts, a couple utility bills could come in handy, how long you have had your jobs and when you got out of school could be an issue too, (past two years).I made many loans on guts and my first impression of a borrower, if you are organized and have your stuff together chances are you are organized in other areas of your life, I looked to responsibility demonstrated and that could be in various aspects of life.

If you do, I'd get educated about landlording, take the time to choose the best property you can get that cash flows, and pour all cash flow into improving your credit.Once you can demonstrate that you can landlord and improve your credit, you'll be in a better position to borrow and take advantage of leverage, and maybe benefit from appreciation.  

Well all his agents do is patrol the MLS, which you find out after you pay them 5-10 grand.During his class he has a gimmick where he demonstrates how fast he can find a home with his software that he wants you to subscribe to for $70/mon.

Those kinds of questions will help them to build their demonstration of investment intent.

Yes, you demonstrated you know how to spell Originally posted by @Wendy Schultz:@Dominik Makaneole Glad I could help.

The RULE demonstrates that the MARKET and the MATH is telling you that something is wrong with either the market or the property. 

After you've gained some experience and knowledge, and demonstrated a track record of success, you should approach your family trust and move on to bigger projects.

So most folks have concluded that if you hold that rental for two years as an investment you have satisfactorily demonstrated your intent. 

We do the walk through and narrow down the buyers to the ones that have the most cash down and can demonstrate the ability to pay.

(I had not seen that accronym before and it is not in our abbreviations list here at BP - I will have that rectified).A Proof of Funds letter must come from a bank / lender OR be demonstrated by money in an account that is not liquid (locked or held in escrow) by an account statement.