I have an STR near Breckenridge CO that I stated operating this ski season.

You'll want northern Michigan for all the skiing and snowboarding demand.

They can park an operating vehicle  and store a bicycle and skis/snowboard (no non-operating vehicles).

It looks like the APR will be around 6.25%, but still can adjust monthly based off prime rate. 

Do you call this a pre-screening to the prospect or do you just tell them you need to fill this out before I can show it?

My current mortgage is at 3.75% and the lender has given me four options; - cashout refi up to $417K loan- HELOC- second mortgage- second mortgage + HELOC combo- cashout refi + HELOC combo for upto 95% loan to value - this is what he is recommendingHe's quoting me a cashout refi @4% with roughly $4K in closing cost or 4.125% with lender credit of $2876  and 5.26% APR on HELOC with $450 loan fees.  

I own a rental home, a personal residence that I turned into a rental, with a 2.75% APR 15 year mortgage. 

Added to a  pre-qualification form or the application as an open ended question;  the scope of the reply can be a very helpful indicator for you.  

Other disclosures will apply, even for a business purpose loan.Alternately, so long as all interest plus points do not exceed 10% APR, to avoid usury, it's likely she could originate up to 5 loans like this herself with a good title and escrow company.

Once a property is found and have an offer ready (attached with a pre-approval/qualify letter), make an offer to the seller or the seller's agents and wait for their confirmation of yes or no.As a being first time real estate investor, is this process above the best way to close a deal the most fastest and reliable way?