Michael McMullen I would also live within your means, no toys, fancy new stuff, car payments, Starbucks (make your own coffee), sack lunch it etc... live like no one else, so you can live like no one else later.

I was shopping for a commercial loan and the big banks told me no.  

I'm not advocating turnkey but to be honest if one is rushing the difficult process of remote buying one may be better off shopping off a website of turnkeys.  

I'll buy the coffee!  

Not sure where you're at in Plainfield, but would be glad to touch base with you over coffee or lunch.  

I am currently shopping for a 40-ish unit multifamily here.

I am under the impression they do the shopping around for you to find the best deal.2.

When I talk to the MLO's do I need to get prequalified for a loan when I am shopping for financing without actually pursuing a property yet? 

I am more than willing to treat anyone to coffee or lunch.

@Christopher Vis there are defiantly lenders out there who aren't as stuck on DTI..the terms are all different and you have to shop around but they defiantly exist.