Hello, I currently have 2 separated Pre-approval letters from 2 different lenders. 1 from a mortgage broker and another from a credit union.

Problem is that every time he tries to get a Fannie Mae loan, it seems the lenders can't figure out his financials even though we package it and give them everything they need in order to make a decision.

I bought 11 houses in a package deal as is. 

Sometimes a county will put together a package of liens valued in the millions of dollars and sell it to a hedge fund.

But when you buy thru a company like that, they bought a package of liens or deeds and they Cherry picked all the good ones and sell the rest.

You can have several lenders make a single loan and each have an undivided interest in the note and lien secured by real estate.My private lending package consists of a deed with vendor's lien, promissory note, deed of trust (Texas), a business purpose affidavit or personal guaranty, lender's instructions to the title company (because I only represent the lender, even if the borrower is my initial contact), and letter of non-representation (explaining that I work for the lender and paid by the borrower).The State Bar of Texas encourages its members to educate the public on areas of law, and in that light, this is for educational purposes. 

Tenant leases do include clauses about appliances being a convenience to them and that owners are not responsible for spoiled food if the freezer/refrigerator breaks or damaged clothing from the washer and dryer.

You need to get pre approved first.

@Brandon Rush thank you for the insight - I wouldn’t have thought to compare with comps either pre- or post-BRRR!

Pre-development buying has been around for years, but it's not done with low downpayment mortgages.