You’d be shocked by how little actual screening many PMC’s do!

Quick books will kill you and give you zero value, negative actually.   

Have your income statement both actual and projected, real estate owned, your detailed plan for going forward, have your FICO score, tax returns. 

I should add, while that's CAN be nice to take losses/deductions, its better to actually be positive and make money.If you flip, you are considered dealing in inventory, not an investment property. 

I didn’t have to put the 25% down since bought it as an investment property but  with that, to have around 100k in equity and I’m trying to figure out the next steps,  Is there any way around having to wait the 6months to do a heloc or cash out, and when I do to actually do it is there any way for banks to not look at income as a factor if wether or not I am approved?  

.- open a business checking under the LLC- open a savings to hold the deposits- open a CC under the LLC (Amex blue business 2% cashback on all purchases up to 50k, then 1% cashback on the rest, Very unlikely I'll be spending over 50k a year on just the one property)After further research it looks like everbank actually does offer 5.1% HYSA and business checking accounts with no monthly fees.

Each house needed some improvements, so I offered zero down as my cash would be improving the units and his security of the promissory note/mortgage.He accepted as this is the 1st time in 7 years that he's actually putting money in his pocket each month.BTW, I resold each individual property on terms using a wrap around mortgage (which the seller is aware of and approved) at 7% interest to other landlords.

Actually flying down this weekend to see some locations and would love to connect.

This works pretty well though as long as you actually have a good deal locked up.

You’d be shocked by how little actual screening many PMC’s do!