I was at a CCIM luncheon recently and some of my lender buddies and I were discussing that many of their banks are getting out of multi-family because of rising costs to manage the properties...including taxes and insurance.

Hello All,I recently heard on the Biggerpockets PODCAST an Ad for Found.com (Banking and Bookkeeping) and went to check it out, however it is only for single member LLC's. 

I would say 90 percent of all homes in the outer banks are in a str program of some sort.

We use a 3rd party company that specializes in only property management trust accounting (nothing else), and they reconcile the bank account every single day.

@Ben Azubuike it's technically too late to add anything else if you've already signed a purchase contract.You can try to negotiate with the seller for review of:LeaseRent LedgerTenant approval criteriaAt closing you also want acceptable copies of tenant's: DL, SSN, paystub, bank statement, phone & email.

That way I am rewarded but not using the business account as a piggy bank. 

Quote from @Henry Clark: Reach out to your local bank or Live Oak bank.  

Large banks will underwrite the collateral with far more scrutiny than they will the borrowers, but the borrowers will need to meet NET Worth requirements, liquidity requirements, Credit Requirements, but are often a tad lighter on experience requirements. 

The best bet is to talk to a small local bank (or three) about your options.

Having a house attached makes that much more difficult.