They broke in and took back their furniture.Tom Goans - all I can say is wow - but I thought you were some kind of "tenant whisperer":https://www.biggerpockets.com/forums/81/topics/91898-tenant-and-borrower-screening

I've been around folks that bable to themselves down a hall, bounce back and forth, dance a jig, have smiles and throw kisses, pick at themselves and can't stop fixing thier hair.

Two points then, one, you could have fifty W-2s in one year, no problem if the borrower is in the same line or work for 2 years and the income quaifies as this can be considered "full-part-time" employment, that is also customary in the industry.

I would need to borrow an additional $200-300k

With his level of assertiveness, opportunities will arise.Additionally, I'm in the spot where I'm needing and willing to borrow money, but the question of "will this actually pay?"

You can borrow 50% of the balance or $50,000 whichever is less.

I have a commercial property free and clear (land and building) and want to borrow against it.

I use my extra money and borrowing ability to buy cash flow rentals out of state that actually really cash flow as opposed to a maybe break even asset that my only hope is for the market to trend up and is based on what someone in DC decides to do that effects the economy as a whole, or what 1 million other people in my local metro suddenly decide that pushes value one way or another.

There is also the possibility of a loan agreement being draft as non-recourse or recourse (when the law allows).So, if the debt exceeds the value of the property and the state is a non-recourse state, the bank will not be able to pursue the borrower personally (barring a separate agreement like a personal guaranty).

@Mark Ferguson- They don't tell you were blacklisted, they just stop paying attention to your bids since they think you won't come through.