Financing multiple properties at once

[William L Parnell]

We've been looking for investments for about a year. We've made a lot of offers but haven't had much luck until recently. We have invested 170k in 7 acres of residential lots with a well established home builder. The contract is for an expected ROI of 20 percent no later than 1 year. We have an accepted offer on a commercial lease back for $500k and we'll be seeking financing for that. Cash flow will be $1,700/mo after mortgage and expenses. We also found a beach house for a vacation rental. We would like to make offer of $ 200,000. The area has an average occupancy of 57 percent. Our cash flow after mortgage and expenses should be $1,300/mo. We could pay cash for the house but would prefer to finance it and free up monies for future investments. LLC was established in November. Good credit and long term relationship with a credit union. Several times the required down payments in the bank. My concern is how potential lenders will view the two mortgage requests at once from a new LLC?