Having been to many of their events and knowing how this works from the back offices and so on and so forth.what I  see  is just like any other slice of life.. some get it will do good.. others no chance they don't have the personality they don't have the drive and commitment.And or they think by reading BP or paying for a mentor is all they need to all of a sudden be a real estate rock star.and at the end of the day.. most gravitate to what you see here on BP  they realize this is a uber tough business with a lot of rejection.. and they will do what it takes to buy rentals. that's why this is predominantly a landlord site.. its the easiest to understand and the easiest to implement.. not that everyone who gets into land lording is successful because many fail at it ..

Knowing that offers will be rejected 90% of times, how would lenders like that if they approve your loan but you hardly use it?

A client was rejected for a mortgaage he & his wife combined income is ~$400K.

During that year, I was bidding on houses every week and every week, all my offers were rejected.

If my odds are 9/10 offers will be rejected then I can't take the risk that the 1 I was too slow too was the one I could've had.

My income fluctuates do to my freelance work.I have an amazing credit score 799I tried to get a line of credit and got rejected from my bank.I now have an offer to refinance and get cash out for a total of $375K loan at 4.5% for 30 years (That gives me a bit more then $175K out)My plan was to keep my mortgage as is rent my place out to cover it and get a new multi unit to live in and rent.

We did put one offer in but it was rejected and thank God bc the numbers weren't great.

We screen to find reasons to reject applicants not reasons to accept them.Remember all applicants have something to hide.

Also the fact that I have owned my business for 5 years (CPA business) I am extremely comfortable with sales, marketing, rejection etc. 

A new escrow officer without backup will likely reject the file or freeze up.