Quote from @Gerald Wallace: I'm playing Devil's advocate and running your numbers through the worst-case scenario.

Are you getting your NY license to do real estate business in NYC?

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

And yes, sometimes you have to pivot depending on other parts of your portfolio.The issue is that a flip is higher end finishes and amenities than a long-term rental so you could overdo the market if you have to rent it and get less of a return for the finishes.

Glad to have you as a part of this awesome community and congratulations on your investment! 

Jeremiah 33:3 came to mind: “Call to me and I will answer you and tell you great and unsearchable things you do not know” (RSV).

Why is it so difficult to get this completed? 

I do agree it really shouldn't be this hard to get the information you need.

This doesn’t change with your borrower’s LLC.

I would decline if they have trouble answering the longer term question and it would probably be for their own good.