I thought these were from FSBOs, but was shocked they are from Realtors!!

They were also completely shocked that this claim was denied.  

How much have you been preliminary approved for?

I was shocked, NO WAY!

I have to assume you ran your loan through escrow and you got title insurance.. and as such you got to view the preliminary title prior to your loan funding.. and you gave escrow instructions that title company could record your lien if and when they could insure you in SEcond position.what transpired after your loan has nothing to do with you or your loan.. sounds like the owner is a fibber...

I do a preliminary check by calling to verify their employment and references.

You’d be shocked by how little actual screening many PMC’s do!

No need to wait 6-12 months if you're stabilized and leased.  30 year fixed DSCR loans with rates shockingly close to Fannie/Freddie. 

. ~ ROI: 8.92%This are the preliminary numbers I'm using for my UW.The $175 per square foot cost of construction is estimated as per my talks with GCs and experience in the area.

Being lower down or off the list entirely will have a direct effect on their bottom line.And I won't say that bankers talk often with each other but I would be shocked if the occasional " do you know this guy" and a nod followed by raised eyebrow don't happen over coffee or golf.