Hey @Ann Lor if it were me I'd hang onto the cash and if you have several properties take any profit or "pur cashflow" from the properties themselves to pay down one of the properties mortgages. 

Yes, REI Hub can produce the Statement of Cash Flows and Balance Sheet in addition to the P&L or Net Income. 

It's not a good fit for roommates, but we had a lor of roommate requests. 

Ours is 8 pages long and has a section to mark L or T for who is responsible for repairs.  

. $1M max if MMLLC so I don't have to file a Sch L or M.

One counter, no L or odd shapes. 

P&L or P&L by Business.Now let's say certain locations do catering.

Depending on your situation, there are channels for full doc (so you're providing income/employment info), bank statement, P&L or DSCR for second position liens.

The best way to get an idea of the rate and term for the property you are interested in, and at the same time get pre-qualified so you can pull the trigger, would be to submit the Realtors flyer that will include the address, pictures, break down of units, P&l or 12T and rent roll along with your application, credit report with credit scores and bank statements to show you have the funds for the down payment, closing cost and reserves.Hope this information helpsWishing you the Best,Karen

Some lenders will give you options; actual expenses as verified with a letter from a CPA or accountant, and automatically applied factor based on your business type (these can be anywhere from 10-60%), or you can provide a P&L or other financial statements to prove your actual expense ratio.