The interest rates on 401k loans are relatively cheap, the approval process is fast and you pay interest back to your 401k. 

Hi James, quick question your evaluation on a rate of 2.75% for investment has been already pre-approved? 

I had an LLC set up along with being pre approve.

I also ask that the client talk to my loan guy or provide a pre-approval immediately.

We had been approved for a "fix and flip" loan through Lima One. 

I am a relatively new investor to the apartment complex world, I have not done a larger scale project more than 4 units.So far I am pre-approved with a commercial lender, I have set-up an LLC to purchase a complex.

If the bank approves your loan, that generally means they have confidence in your plan, and since they are on the hook for 75-80% of your loan that's a pretty high mark of confidence.This isn't to say you don't need a plan or that the bank is omniscient; it just means that there are a bunch of safeguards in place that help keep you from driving off the cliff. 

I have Been pre-approved for the full value of the house.

I have Been pre-approved for the full value of the house.

We are seeing that the change in FHA criteria has impacted one of our buyers and even though the house was under contract when the changes in FHA loans came into play, the buyer could not get approved as a conventional buyer.