Do you provide personalized guidance, or is the mentorship more of a one-size-fits-all approach?

Separately I have a personal umbrella policy.  

Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

Hi @Ryan Kinoshita,I personally recommend Chase business for a few reasons: Really easy to work with, really good sign on incentives for both their accounts and business credit cards, and there are branches all of over the country making it easy to handle your business from anywhere.

I remember some of my staff trying to rent rooms and they would get 70 applications and interview potential roommates in person to see if it was a good fit.

I will make that proposal to the person I am talking and see where it goes.

Look into a DSCR, Debt Service Coverage Ratio, loan where the rental income can be used to qualify the cash out refinance instead of your personal income.To Your Success! 

I personally own 2 rentals in Indiana.

Hi @Karen Silerio We look at 2 persons per bedroom as our rule of thumb

I heard that if you move the personal mortgages to an LLC they could get called and we would want to avoid that3.