I have found it a good idea to sit down with a lending specialist at the local branch that does the most investment properties and ask what you can do to be the most attractive applicant.

Phil,There is a chance you can keep the EM if you can prove you lost other tenants and where the proof comes in at if you can produce sign applications and what would you do if the other side wants to talk to the tenants you say you lost.

A real pre-approval letter will require you to submit a loan application and a bunch of info to a lender.

I also don't want to take her application and application fees if I'm already sure I'm going to reject her.Here are the things that concern me:- Willing to rent without seeing the property.- Moving to town for a new job.- Will be living with her fiance that doesn't have a job yet- Works as a dog bahavior specialist, which means she would have strange dogs coming and going.

The borrower and their attorney will have to file a motion to sell which is what the Trustee will use to decide on approval and will use to make decisions on the application of any net proceeds from sale related to the BK plan.The moral of the story, you would need to really get to the bottom of who is legally controlling the property.

Nowadays, I profit from a strong understanding of title and application of the law in my state.

Novice question - If I have a deposit down on a property through a real estate contract and am in the process of securing a loan with a finance company, with the loan application submitted and being evaluated, can I tell the loan company that I've changed my mind?

Please if you have any tips or knowledge you would like to share i would greatly appreciate it, and ill will try to share my own limited knowledge when applicable.

Now all they have to do is to show their net worth and liquidity at the time of loan application and at closing.

The biggest thing I can think of prior to going into rentals is to have an attorney review a lease to ensure that all applicable laws and regulations are followed to protect you when you do have tenants.