If you haven't done that recently, you can change policies mid-term, but you will need to make sure your bank or loan servicer know if you do change.

.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.

You picked a good week to meet other investors: the RPA is hosting their annual RPA-CON Friday and Saturday in Milwaukee.

The bank they are using with that offer is now saying my site prep bid came in way too high and not approving me (so far. still in process).

In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.

@Glenn Banks ok can you tell me more about it?

it also means their interest rates change with the Bank of Canada rate. 

@Daniel Medellin Regarding your question, it would depend on the lender or bank you're working with if you want to go that route in the future. 

It is investment banking, so the rules are much different than your "normal" lenders who offer mortgages or loans to cover a single or portfolio of collateral. 

We are still doing a ton of fix and flip loans there and the numbers make sense for the banks.