Getting started on the right track will be helpful to maintain a relationship that could benefit you both in the long run. 

As long as you keep your payments current, maintain a good credit score, have current taxes, a good debt coverage ratio or debt to income ratio, you should be able to refinance fairly easily.

@Ajene Harris hold and maintain properties along with legitimite real estate educational workshops here in the greater Philadelphia market. let me know if I can assist, regards, joe scorese

The property was already in good condition, with a little elbow grease, they have an easy asset to maintain.

The property was already in good condition, with a little elbow grease, they have an easy asset to maintain.

You should maintain a set of books that incorporates the statements that are provided to you.

Then, in order to make sure your corporate veil can't be pierced you'd need to maintain independent bank accounts for each LLC and sign different management agreements for each LLC you manage with your PMs.

The owner wasn't maintaining it because he lived out of state.

Tenant has changed flooring, paint, cabinets, and maintains lawn.

If we have a new LLC to maintain the rental portfolio but the rental properties are still in personal names is it OK to spend money on the rental property using a business credit card and collect rent to the business account even though the LLC dont own the property but the properties are still owned on the personal name ?