They also tend to be slower to respond to requests for transactions (vs being able to write a check yourself) and may deny legal transactions based on company policy.

. :)talk about starting at the bottom.. this is one thing I see on BP where people that are new think they are being mentored when they are being used and abused and really not learning diddly about a real estate career... bandit signs not withstanding..

Answer YES, and your loan is denied.

One trick if you ever get denied...

In other words, when I'd submit a loan mod app to them they could deny me and give hardly any information behind why...they could simply just say that my debt-to-income ratio doesn't qualify and not show their calcs.

My family and I are actually in the process right now of selling our house in Tennessee and moving west to go convert a bus into a rolling tiny home to which we can live wherever we can find a place to park well aggressively pursuing real estate investing.

I was speaking with an insurance agent recently, and they have seen coverage denied because the policy only covered weekly rentals on an incident with a 3-day weekend rental.

I'm not sure what your local laws are as far as denying an applicant.

For example, if their background check comes back with violent crimes/felonies and your application criteria says no felonies allowed, then you CAN deny their application.

The only one that was any good was a mom-and-pop where they were managing their own units alongside mine and treating them with the same level of care, unfortunately when they scaled their PM business they sold it to a large "professional" PM (good for them, bad for me) who then proceeded to financially abuse their newly acquired clients and run the business into the ground.So, chances are they both suck, but you have slightly better odds with mom-and-pop if it meets my description above.