Here is another one to check out for tracking all your expenses.https://www.biggerpockets.com/files/user/JimA732/file/rental-expenses-report

From a fire at a nearby property and resulting damaage to The Shelby", to delays in fire damage repairs due to Covid 19 restrictions, to renters not paying rent due to Covid 19, to an approx. 20% vacancy rate, to insufficient reserve funds, to an obvious lack business loss insurance - Passco continues to underperformance on every statement they made at their seminar - from the safety of the investment based on their previous track record, to the expected annual distrubution amounts paid out.

Professionals with decades of experience and very impressive track records do all the heavy lifting for you.

My question is can I set up a new LLC and still secure a commercial loan or does the LLC have to already have a proven track record and established credit history?

My question is can I set up a new LLC and still secure a commercial loan or does the LLC have to already have a proven track record and established credit history?

If the ground rent holder can not be tracked down then the title company would hold in escrow 3 years with of GR payments and $750 as a general rule of thumb.

We have a vast portfolio, proven national track record since 2004, and are easy to work with.

It's easy to track who shows and sees a house if it's listed on the MLS with an agent.  

Basically what I need to know is if I'm able to set up a new LLC that has no previous credit history or track record and obtain a commercial loan solely through the LLC without having to show proof of personal income?

Hard money lender terms can range across the board and typically get better depending on ones relationship and track record with the lender.