Credit and income.I would love some feedback.

I'm in a similar boat, working on my education and preparing for my first purchase.  

I have been pre-approved, but from a credit union which did let me know my max number just if they would approve me for a $170,000 home I was looking at. 

If their credit is good, the rates are low right now so it may not jump the payment up to much.

The majority of our clients are cash buyers, or those that have arranged for non-secured finance in their country of origin, such as personal loans, low interest credit cards, and business credit lines.Tenants can leave at a month's notice.

If you are completing background checks, reference checks, they have good credit scores, etc. etc.

It could just be a year or two away (depending on your savings and credit profile). 

I would like to add my name, and eventually refinance the home in my name using my credit and income. 

As far as funding goes I have around 50k liquid right now and a pretty good credit score and my parents are always willing to cosign with me if necessary.

Then, it's a closer look at credit to justify the lack of an adequate cash flow.I once had an applicant, rather rough looking, that had about 20 beer cans in the back of the car.