(assuming you haven't refinanced a ton and have a large mortgage balance) - I'm assuming you have over $1 million in equity, even at a 4% cash on cash return, you would NETTING $3,333/mo.

Profit/Loss Statement and Balance Sheet for the Property: At a minimum, we would want a profit/loss statement and a balance sheet for the most recent complete year as well as year-to-date for the property, but we would prefer to also get the last 2 years of tax return pages for the property.

I’m trying to balance the costs of doing prelim title with the risk of not.

Always take a balanced approach.

Sell the land as a first step in cleaning up your balance sheet.2.

Lenders will factor in your minimum monthly payment on the balance of the card. 

others have echoed this about the pull out, i agree, i will not count it as a bed. regarding beds in all rooms: it's simply because i do want one room as an office space + that is where i was thinking i'd put the sleeper sofa. so it's more me trying to balance this as a rental + the utility of my own living space, really.

Be wary, each fund has risks (some are "levered debt funds", some lend in second position or at higher LTV than you will like, some may lend in regions that make it difficult to foreclose, some may charge high fees or offer low returns). 2) To ask them if they have any notes for sale - Be warned, lenders may try to offload the loans that they don't want to keep on their balance sheets.

Is one partner's balance sheet required to secure the debt?

We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.