I could pay cash but figured put enough down to qualify with out a PG.  

However, if you have issues with qualifying for a new loan, you may also have issues with an assumption.If this clause is there, there is no way around it. 

Depending on the condition of the property it may not qualify for standard financing.

Also, because if I waited until next Spring that, that would delay my ability to qualify for my next property because if I were to act yet this year I could count the rent for this year on my 2015 taxes, since I will need to show 2 years of rental income.  

Multiple pulls in a 2 week time period is usually counted as one pull as the algorithms know you are rate shopping.If you get pulls going on a few months each time you try to locate a property to buy then it can affect your score.If you know your score is high say above 740 middle score then you typically qualify for the best rates anyway and do not need credit pulled in the beginning.No legal advice given.  

A buyer getting a mortgage needs to qualify and stay qualified until closing, so as you can imagine things change, a job is lost or something and the deal is now dead a week before closing leaving the seller in a bad position if they've moved or bought another house.If you have the cash, use it to at least purchase so you can get better deals and then refinance it back out after a few months.  

Sorry @Nick Scalero paying down debt would not qualify.  

It (the new rules) are to allow for longer grace periods so borrowers (remember not everyone is a professional REI) a greater chance to understand and be able to make informed decisions on things like charges involved. 

Hi BP Community,My wife and I are looking for private/portfolio lenders in Atlanta who can qualify our end retail buyers?

Banks don't qualify you for a very large loan working at AutoZone ;)Thanks again!