I have not run into that problem, knock on wood, you could be dealing with a bank that is not investor friendly and does not do a lot of commercial loans. you may have to have the mortgage under the llc, but put a personal guarantee behind it.When you go to a bank, come prepared for them and impress them. have copies of past two years tax returns with you, recent statements from other bank accounts showing balances and copies of any 401k statements, i would even have a net worth sheet printed up for them, couple weeks of W2's if currently working somewhere. and phone numbers - places' of work, accountant. put that all in front of them, show them you mean business and are ready to run this business and they will get a good first impression of you. also try and schedule your meeting with the managing commercial loan officer, not a residential officer.

Impressive you did so much work to make sure you got a good deal.I'm a little concerned about your lender, for a couple reasons:1.

I've read a few of the LU threads and my impression is they have a product to sell and their mantra is you need them to succeed.

I am under the impression that the sellers should provide a check for that.

@Steve HaagFirst, I'm impressed you made it through all 237 podcasts!

None of which impressed me.

Based on that there are many metrics that you can look at in the ad campaign that can tell you a story...1) A low number of impressions might spark a few questions: - Is your ad targeting the right audience?

The fact you have a website is impressive.

I was under the impression I could use funds the 1031 QI Has to pay for acquisition costs, brokers fees, loan application appraisals etc.

Last option, makes me feel awkward because I feel like I'm giving one of the tenants, potentially two the wrong impression by keeping them at all.