The best approach is used a ton of weasel clauses like a wholesale does.Joe Gore

Because you're paying so much in rent, have other assets albeit overseas, and perhaps decent documented income, you should be able to go to a smaller bank that underwrites their own loans vs. selling them off to Fannie, etc.Try getting a pre-approval from a community bank (newer ones formed since the crisis are best) and/or approaching a mortgage broker.Explain your situation and provide an example house/financing scenario.Hard Money is always an option too.Rick

If I can find out who he is I'll approach him.

Can anyone give me any info on where I can find Fannie Mae lenders so that I may approach & ask questions to gain an understanding of the program?

We brought a 5-plex to RBC last fall with a debt coverage ration of 1.7 and only paid 20% down.

I like the initial approach and just know that it will continue to evolve as you get going.

You might want to connect with @Darren Sager based on your approach.

It seems to be a better approach to start off month to month, but I want to avoid good tenants moving out on me within a few months of renting a property just because that option is available to them.

We are killing it in the North west with new construction.and I would not have said that pre 08 but with all the builders and subs going under in 08 and 09 there is some really good talent that can be brought on to manage these [projects for those that are not that savvy..

Old post but a google search brought me here.Currently about to close a mortgage loan with this company.