But with no documentation you may loose.

All lenders have a due on sale clause in their loan documents, but as long as your current they never use those if you transfer into an LLC a trust etc.

It just means re-submitting the paperwork.

Is it wrong to submit an offer even though at this time I cannot complete the deal, believing that I can make something happen once I'm under contract?

Works great in Safari on Mac @Joshua Dorkin Let me know if you have a forum to submit bugs and if you need any testers in the future for new features I'm pretty good at finding broken things in software :)@Eric Rosner I'm in the area as well - please let me know if you come across any wholesalers if they have any deals you aren't interested in send them my way!

They even submitted a contract to close, but did not want to sign the initial contract I had on the property as the wholesaler.

We also purchase rental units with documented (tax schedule) NOI.Paul Lavallee

Its not as easy as ABC.You'll need to document 30% equity in your current primary SFR in order to use the rental income and you'll need 2 months payment reserves on the new property and the current property as well.There are ways around the 30% equity requirement on conventional financing but that is a more indepth conversation.

AND get ready to deal with the city and L+I. https://business.phila.gov/Documents/Licenses/part...Also, this is the BEST place to get fresh pretzels. http://www.centercitypretzel.com/

Here the rental market is crazy as well, and I feel bad for the good tenants who need a place and have to submit and re-submit apps all over again at different places because rentals are scooped up so quickly.