Granted, this is just an app to get pre approved, but I'm concerned that without all the correct DSCR needed information, the process will get stalled. 

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Metro Detroit has 132 cities, the City of Detroit 183 Neighborhoods, which we’re analyzing and classifying.

I'm uncertain though if it is Lake Norman specific, but North Carolina can be a good state for investing.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Its tough to know from this information as the endorsements offered are equally important to the coverage limits.

I've spent the past few month doing some research on Real Estate, and property investments, and have concluded that Wholesaling (at this point) is the easiest/ less risky way of raising finance before making an investment.My first question is: Is wholesaling an option in the UK or are the laws different from the US?

This needs to be made a sticky as to WHY YOU DO NOT INVEST OUT OF STATE!!!!!!!!!!!!!!!!!!!

Best of luck out there!

I'd still do it, however.I'd recommend you check out this link on Reddit that was recently posted.

It was their guest that resulted in this damage.  

Now I am here again as an aspiring investor and a lender (not going to go into details about that here as it is not allowed but you can check my profile out for more information).