My only real reason for wanting to move my property into an LLC would be to show a bank that a newly formed business has an asset worth as much as the house.

In almost 30 years I have always used a TREC contract or in most cases the contract the bank, HUD, VA or FNMA requires.

I am looking to buy my first small multifamily  property and am wondering what local banks or lenders you have had good experiences with?

If not sold at the auction, bank buys back the property.

If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit, owner's pay, taxes, and operating expenses) and when money comes in you distribute it among your bank accounts in some predetermined percentages (profit first of course!)

I have money in savings that I can use as down payment, but with not showing much income right now, will a bank approve me?

One question that has come up as I begin the rehab process is about how long will banks or loan officers require consistent rental income for short term rental until they'll approve a refi?

Have any of you used 2 email addresses and had the incoming funds routed to 2 separate accounts at a bank?  

need creative new ideas to qualify for local bank or credit union.unless any PML WANT help this dumb newbie disabled military veteran with ptsd get cash out refi so i can buy a 6-8 unit and repeat.

@Jeremy Resmer  Smaller banks or credit unions in your area - you just have to keep calling.