What questions and answers are lenders looking for when contacting them to borrow moneyThey want to make their job easier - most people applying for a loan are not prepared.You can impress the lenders by having your package ready.pictures of the property inside outsidea projected incomea projected renovating costcomplete comps of the buildings in the areahow much you are requestingrental informationappraisal if you have one2-3 years of income taxesa bio of yourself and you past investing expirenceoffer to contribute additional collateral if necessaryyour P&L make sure it is honest and correctyears in the businessrequest what you need - short term, amortizing loan, interest only, blanket mortgage, balloon etc make 5 copies of your loan request package (they will need those to distribute to the approving board)check for mistakes, spelling all correct - do the numbers make sense and what is the potential CAP ratecopy of your credit scoretestimonials of past deals and personal referencesgive the bank a dead line to accept or reject your loantell them NOT to pull credit on you until you have a tentative commitment.  

Gotta be firm, and relentless on the screening. 4 or 5 applications will be rejected before one that workslong term tenants have kept my turnover low

I find myself really down on days when I didn't get much done, experienced rejection in one way or another, or felt negative about the future.

Only rejections so far. 

We would look to the buyer's proof of funds or look for a loan approval to fund the purchase. if the purchase includes a subject to, of course we would reject it immediately.

And even then bank can reject the offer.

(distressed)5.What are some characteristics to look for in a great deal- ARV and rehab cost6.What should you be on the look out for when going door to door or driving for leads- Have thick skin when you get rejected 20 times in a row.

Her answer to me was that they were rejecting my offer without a counter.

Have investors here gotten nearly to the end of the short sale process only to have it rejected by their claim that they have an appraisal/bpo much higher than your offer you submitted?

well you just learned about one of the top business enterprises in the state of Utah and that is fulfillment companies.. these companies not only rep real estate but pretty much any other business or speakers that are on tour selling anything from books tapes to tony robbins etc.they are very good at what they do... they are brought up and used to rejection and that's who they hire to sell you and beat you down..