@Chris Ellis Im currently exploring the Business LOC option ... but this is a new company with no real history, so no tax returns to say how much I've made. working on some creative ways around that, but no dice yet.Thank You Gentlemen

@Wayne BrooksAnd they returned on 10/7 and winterized the house...If they would just mow the property, I would complain nearly as much.

The loan amount and property value would be a bigger hurdle than the tax returns or the pay stubs 

At first, it would be for smaller commercial properties, but if the relationship grows well and we make a good team, I'd love to scale up with them.Ideally it's a win-win for all:For the PM:They get a large chunk of equityThey get more business.They get access to my investors' capital for potentially future dealsIn a way, they eat what they killFor me:I look favorable to the lender with an experienced PM team as a partnerI'll get a deal under my beltI'll be able to get help with the downpayment, reducing the burden on my investors and myselfFor my investorsSure, they lose out on some equity, but they'll get a (slightly) higher return due to the lower monthly management feeThey'll sleep easy knowing that the PM has skin in the game and is experiencedTo be clear, I'm playing the long game, so I'm more than willing to do say, a 55/30/15 split with the PM/Investors/Myself and with a 3-5% monthly management fee.

Consider all your options before throwing all your money into an education that will never give you a return on your investment.

So I currently have 2 properties, one 5 unit, and one 12 unit- These are currently managed but the rate is 17% gross which is killing my returns.

Here's an except from a quick search I did:When Do Landlords Have To Return Security Deposits?

They now announced they cancelled the project and returned the deposit.

If your lender has not already pulled your pay stubs, banks statements, W2s and tax returns - like the "instant" pre-approvals issued by Rocket Mortgage and Quicken - it's garbage.3.

Since we're getting in at such a low down payment I'm showing a CoC return of about 30%..