LLC self sufficient to bank?

[Matt McMacken]

As some of you already know theres many wonderful advantages of owning real estate come tax time. For example, I’m able to show a rather small profit on each rentals due to depreciation and other expenses even though the revenue is 5-8x that.

As a schedule E filer, my experience has been that banks are checking my net income per property plus W2 income against my debt as a whole while overlooking revenue altogether.

I'm now moving my properties to an LLC where I'll have a K1 and actual financial statements. My assumption is now revenue will come into play and I will have easier access to capital and banks will focus on revenue instead of tax returns.

I'm hoping folks could shed some light on any benchmarks they've noticed along their journey through real estate where banks consider your LLC as self sufficient and no longer tie you to W2 income.