However, a personal financial statement can give you a clear picture of your assets, liabilities, and net worth, which could make the loan process smoother and quicker.If you’re not in a rush, you might consider setting up a simple personal financial statement in a spreadsheet.

You have to make sure they do quality work and communicate well, otherwise you're held hostage. 

Try to always remember and apply the KISS principle (keep it simple). 

From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple. 

We are looking forward to communicating with many of you and learning from any and all of the experience you are willing to share with us.

I'll just ask a simple question....

The math on this is simple as others have alluded to.

From the lender side, I'd say if you're getting delayed communicate early and often with your lender.

Some things in life are simple, and this is one of them: If your business plan depends on dishonesty and concealment, then it is wrong.

SIMPLE!