Increased Approval Chances: Borrowers with multiple valuable assets may have a better chance of loan approval, as lenders see reduced risk in cross-collateralized loans.5.

Get pre-approved through them and then start sending them deals!

Are you completing these renovations with all appropriate permits and approvals?

I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property.

I had spoken to a lender who said he approved his clients for a mortgage of hundreds of thousands of dollars, yet the solar company wouldn't approve them.Basically, if you are thinking of selling, don't do the solar panels.

@Nik Farooqui You are correct in that GC licensing is never a requirement but it is more of a "silent factor" that can make a lender more comfortable lending hard money and thus the approval and loan process easier.

If you’re approved for the mortgage they assume you’re qualified to pay it on your own so if you can afford the monthly don’t overlook the power of equity.

We had to get a signed lease and first months rent and security deposit on our current home before we could get approval from the bank.

@Tanya MaslachYou do not necessarily need to have an Ohio based entity to purchase and operate rentals in Ohio, HOWEVER, many lenders are beginning to require that either an entity based in the same state or a foreign entity is registered in that state in order to obtain a loan approval. 

You really want to have your contract approved by an attorney even though California doesn't use attorneys for transactions.