For those of you who own 10+ doors, do you have one umbrella insurance policy, or do you have an LLC for each property?

The property was purchased through a LLC so a conventional loan isn't an option for us.

If you have an LLC, the accounts should be business accounts in the name of the LLC.

Because of how my Schedule E is with all of the write offs, it throws off what I can qualify for.One thought I had was start purchasing under an LLC and have the LLC take out the loan.

June 2024 Lee County Florida Foreclosure ReportThe June 2024 Lee County Foreclosure Report was complied by Jeff Tumbarello, Director SWFL REIA , Broker/Owner Steelbridge Realty LLC Principal , Venture Investment PartnersThis is my work, done for me and shared with youThe data in the report came from multiple sources.Those sources are:The Lee County Clerk of Court, and MLS data (from my membership as the Broker of Steelbridge Realty LLC)We haven’t published this report in a while as the market trajectory previously rendered this dataset less crucial for forward-looking decisions.

Coffee Shop LLC #181 goes out of business and the market is $25/ft. 

You will likely have to borrow through an LLC so just know that is an additional cost up front.The biggest thing, at least in my case, would be finding the multiple deals that work for you, that you can take down at the same time.

For DSCR we only require LLC docs if in an LLC , drivers license, SS Card if available if not ss89 can be signed, we don't ask for any info on any other properties owned by the borrower, we dont source or require seasoning on funds.

Who owns the LLC?)  

I used to use spreadsheets, then moved to when QB as my portfolio grew, now on Digb because I have multiple LLC and I don't want to have to buy QB subscription for each.