@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?

You can often secure a loan based on the property's value rather than your financials, making it easier to get approval quickly and move on deals like the one you found.Using private money can help you fund the purchase and the rehab costs without tapping into your home equity or savings, which gives you more breathing room and allows you to focus on the project.If you’re interested, I’d be happy to walk you through how private money lending works and how it could help with your current deal.

With the equity agreement nothing changes to the rates of the current mortgage and it’s much easier to get approved.

i have plans at the city that are 2-3 weeks from approval. i'm a licensed GC and the house is going to be a 3/2 1100 sqft with comps in the 260's. for a construction id only need 100-110k, but the more i call banks the more im finding out that even 100-110k is "too small" of a loan.

I am finally looking to get pre-approved.

Hello all, newbie here with Pre approval letter and currently researching cities for investment properties. 

@Bacongo Sandou Cisse- thanks ...if you will need financing - make sure you can get pre approved  or have access to funds to use to buy  before you spend too much time looking for proeprties - thanks 

Charlie, you are correct on RESPA as Federal regulation, but finder's fee for unlicensed individuals in real estate is state by state regulation - In California, for example as long as it is diclosed this is legal - "In California, a “finder’s exception,” allowing an unlicensed person to be compensated for introducing parties to a real estate transaction, has been judicially approved since 1923.

I'm working on the same loan approval now.

I want to get approved for a DSCR loan.