Because as Joe said, you pre-paid it. 

Sounds like you're off to a solid start (and congrats on the wedding and the first deal - that's a heck of a Q1).Quick thoughts:$150/mo cash flow is a win, especially on your first deal.

The pre-approval I received from my lender does include the paydown of about $13k in debt and is included in those numbers.  

When I planned the design I incorporated a good deal of rod iron (we did a mix metal theme in the house) in the custom stair case that we put in (after photos below).

Maryland is a state that has pre-foreclosure laws.

Or a person in pre-foreclosure.

What impressed me wasn’t just the strategy—it was the full infrastructure behind it: • Pre-qualified leads • Construction and engineering partners • Real estate attorneys who specialize in creative deal structuring • Intimate, hands-on coaching from active investors It felt refreshingly different from the influencer-led programs charging $20K–$30K for group access and general advice.

He told me that I was "soft" pre-approved for the amount that we tried for (200k) but needed a 20% down payment or 40k in the bank at the time of purchase.

A full lighting upgrade improves curb appeal, enhances tenant comfort, and signals a well-maintained home.Interior Lighting Tips:- Replace outdated fixtures: Swap out 1970s-style lights for modern pendants or flush mounts- Add ambient lighting: Brighten dim areas with soft, even lighting- Incorporate task lighting: Install under-cabinet lights, closet lights, or reading lamps for added functionalityExterior Lighting Tips:- Clean or update fixtures: Sometimes a deep clean is enough.

Because if they are advertising to be able to make loans in those states and don't have a lic. then they are willing to break the law and you should not be OK with working with a lender who is OK with this.Second thing you can do is search the state where they are incorporated to see if they actually have a business registered in the state.