They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

Agent: Their experience with investing personally and their experience working with customers just like you.

First, increase staff size.

The state laws (do not quote me) appear to not let these companies increase rates (or its not easy) to pick up the losses.

You increase rents every year rents aren’t dropping.

Customer service is always great when they have something to sell, I am sure you know this. 

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.

Last year one of our lenders would not lend to new customers or customers who have never did a commercial loan with them.  

I don't think I could justify custom cabinets for a $1500 rental.