Essentially, it is not an automatic thing. 

I am putting in a small bathroom, enclosing the area inside where the automatic garage door is... city requires that all conversions in our area raise the floor.

But the lien is on the property, just like any other lien or 2nd mortgage it doesn't automatically go away when you sell or refi, you still have to deal with it somehow.

Other states it happens automatically.

@Gaurav A.As @Ashish Acharya explained, it potentially could be done, however it's not an automatic yes/no.

You have an automatic edge. 

In all honesty, I havent used it because Im so used to our mentorships model, to change models, is like learning how to go from driving automatic, to standard.

I think the thing that is being missed here is the Profit First method of allocating revenue to different “buckets” there are banks that do this automatically for you, whereas, with a traditional bank you would manually have to do this.

I usually suggest new property owners setup a business before they even close on a property and then use a business credit card for all expenses moving forward and also for them to link it to Quickbooks so everything is automatically tracked for them.There are a lot of nuances and strategies but this is a 30,000 foot view of why you should opt for business>personal

I want something that’ll automatically lock as the door closes