I believe Ai is going to help those who are going to utilize it for there benefit and yet at same time make alot of people obsolete who does not want to change themselves or there skillset and and are not open to change. 

Also you guys should know, business credit utilization does not report on your personal credit!

Assuming the property is equally owned 4 ways (25% each) you could have the property appraised for confirmation of value: $1.8M/4 = $450k/share x 3 = $1.35M could be obtained as a cash out refinance, potentially utilizing a healthy portion of the STR or projected STR income to qualify. 

Properties that utilize STR income to qualify.

I also have a local bookkeeper, QBO, Bill.com & generate owner statements in OwnerRez.We currently have 23 properties under management and am utilizing trust accounting to the best of my abilities (although we are not required to in our state) but everything is really inefficient when it comes time to do monthly reconciliation and distributions.

I utilized (and maxed out) my credit cards to afford the materials necessary to renovate the apartments (I know bad move) therefore I cannot acquire a loan of any sort to fund the initial funds necessary to acquire a hard money or DSCR or rehab loan.

Lenders will want to verify you will not owner occupy it and may require a utility bill, mortgage statement, or some other proof you live somewhere else. 3.

I utilized the Agents tab to be “matched” the one person available doesn’t work with fix/flip projects.  

After rent, utilities, and supplies are paid for, I average approximately $1,150 per month in cashflow.

A benefit to having the commercial property and entity is that we aim to utilize business credit, so that our personal credit and debt to income ratio is not tanked as we remodel or redesign or buy furniture.