@Kevin G.It’s normal… It’s a simple condition… The underwriter wants to know that you don’t have a private loan out there for these properties because if you did then she will ask to count the payment in your debt to income ratio.

I think the key here is really developing those relationships with people who you can count on to take care of your best interest.

Does the bank count the rental income along with property value when looking at a refinance?

When you submit your property, give them the address, square footage, year built, number of parking spaces, traffic counts (if you know them), what other stores are within a mile or two, and so on.

At least nobody who will do it for you reliably and consistently that you can count on when you manage close to 500 doors.

10k tied up in a depreciating asset so you can’t really start counting cash flow until that is recouped.

REITS are fickle and can change course very quickly so I wouldn't count on them as an exit or safe haven.

Does the bank count the rental income along with property value when looking at a refinance?

Cycles happen in all aspects of life, so far it seems we can also count on economic cycles.

Will the equity in the home count toward the down payment if I refinance with a lending institution at a later date?