https://www.timesherald.com/lo...The huge development plan on the corner of Dekalb and Main st. just received a huge endorsement from Norristown officials further solidifying the legitimacy of this project.

Also, and I'm about to read between the lines a bit and speculate, this part could be inaccurate depending on how my crystal ball is functioning today: Yes, it's also true that >6 financed properties may have a hit, and if your LO doesn't have a lot of experience working with REI, they might not have known or checked for that on the front end.

By the end of 2020, lenders and banks had learned their lesson, and stopped trying to compete on that basis (lo and behold,  once everyone stopped trying to be a rate whore, Q4 wound up being the most profitable quarter ever, for the mortgage industry, and Q4 is normally the slow season!).

H e L L o  BP PRO peeps!!  

If so yes almost all lender offer a lender credit when your over their LO Comp plan or branch bucket.

It seems like a lot of the advice is for those with lo-no $.

Interview the LO regarding this, if they haven't closed at least 5 recently, just walk away.

Answers:1 - I use the software I designed myself.2 - There are no deposits in a LO. 

@Ben Rhodin I work at a mortgage company I just haven't sat down with an LO as I wanted to have a bit clearer path of what to do. 

Happy to help if you don't have a great lender/LO that specializes in working with real estate investors.