If they do, there may be very strict guidelines such as 2 year minimums, 180 day minimums, an HOA application and approval for potential tenants, etc... lots of weird stuff. 

Hi, I found a place, got a pre approval, have an agent showing me the place, know what it's previously rented for, done my market research for what it could rent for.

Should I get a pre approval for a hard money loan before searching for properties.

I have gotten approved for a fha loan and a 203k loan.

I found a couple ready to rent single family homes that work for my target price, available cash for down payment, and projected monthly rent.A local credit union approved me for a 75% commercial loan at 4.15%.

Purchase price: $20,000 Cash invested: $25,000 Sale price: $46,500 3Bed 2Bath 2004 Clayton Mobile Home on 1 Acre What made you interested in investing in this type of deal?

A CPA files our taxes and approves the business expenses when preparing our return.

If you are unable to be approved for loans through these institutions, I would start reaching out to private lenders who might be interested or sourcing properties where owners might be interested in seller financing.Lastly, don't dismiss local banks and credit unions without speaking to all of the ones in your area.

He brings the hustle and I bring the capital and all the information lenders need to get us pre-approved. 

After two months of providing countless paper work, screening, and phone calls, everything checked out and I was officially approved for the grant!