In all seriousness, if this is the start of a budding STR business for you, your parents should understand. 

Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?

We have helped several businesses open up using a Tiny Home to fit their business needs along with the City of St Louis with their homeless project.

Most importantly, understand the difference between a business purpose and consumer purpose loan.Read my post in this thread, which details our process in actionable terms.

This lender is probably in the residential niche and is trying to get your business for a loan.

I purchase my 1st multi family in Durham last sept, I was debating between str and long term, I went with str and I am loving it so far. my dec occupancy is Unit one 2b1b: 82%unit 2 studio: 79% So far so good and already thinking of getting another one in 2025 🤤 These are great numbers for this time of year!

I wish more wholesalers understood wholesaling is a business and not just a fun hobby.

But, primarily my main business is remodel work. 

That cycle of sourcing, assigning, and reinvesting has been a game changer for me too, and I completely agree—it’s the real estate cheat code most people overlook.Being able to create revenue while also creating opportunities for long-term wealth is the best part of this business, and it’s exactly how I plan to keep growing my portfolio.

4️⃣ Unverifiable Business – No website, no reviews, and only a generic Gmail/Yahoo email?