Received two sets of applicants, both have been approved.

For all of you active real estate investors that want to be able to pounce on a deal as soon as you find it, I'm assuming you are always in good standing with a lender and have a pre-approval letter ready to submit with the offer.

DEBTOR's PRISON no longer exists.  

If you have $1m in rental property mortgage debt, we will only approve your loan if you have $500,000 in a checking account.Lender D: No change to guidelines.

Sounds like I should be worried about getting my application approved then

@Lance Lvovsky On my properties, I make decisions on repairs, sign contracts with renters, approve contractors, and pay a property manager to collect rent and make inspections.

My property manager’s policy is for the landlord to ultimately approve potential tenants based on the financials and background checks they obtain and provide.

I have been pre approved and I’ve studied the area but I don’t have any capital to rehab but I see good deals.

I had one property come open in the middle of all this and I had more applications than I could approve.

Let's take a look at some of the top reasons a home might fall out of escrow. 1) Buyer Isn't Approved For a Mortgage.