I've closed 3, so definitely not the most experienced on the Commercial Side, but in my experience a lot of these Commercial Lenders want to see a Personal Financial Statement.

I personally like to stay in mine for 3 days atleast while I setup to know my properties more intimately and to work out the bugs which would be problems for guests.

The reason I am selling the Condo is to pay off some personal, and unexpected debts of about $18,000 to decrease my DTI to help me qualify for my Dads VA loan (they want to move to Texas), which is a 3BD 2BA single family home. 

Just wanted to bump this as I am going to start valuing my small property management business (maybe 10 doors total) to include it into my personal net worth calculation.

Remember to back it out as a business expense too which should make the real rate a point or two lower depending on your tax bracket.2) For securing loans, I incorporate the value stated on balance sheets within my personal financial statements.

In summary the person who said quitclaim deeds are worthless does not have a clue.

The second branch of the site will be a platform to create a personal web page that will hold all of the agent's social media link (kind of like linktree).

Hi Keaton,I had one on a personal residence and liked it a lot.

Not many syndicators are willing to take a personal loss if the deal goes south.3) Deal Selection and Underwriting.

Start looking for a contractor or handy person to get begin asap to limit downtime.There is a lot to unpack when setting up your first STR.