Most rentals won’t bring in $4k/mo in profits.

All commercial loans will now have new covenants if borrowers do not provide timely personal financial statements, personal tax returns, business tax returns, rent rolls (if applicable) timely.Personal financial statements and rent rolls (if applicable) are due within 60 days of the expiration date of the personal financial statement.

I don't say this because I'm a HML, but because I just don't like the risk/liability of holding a rental property in my own name.But again, I'm not in that business...Maybe someone who is can shed some light / give better advice...

I own a business doing about 20K a month but that won't qualify me for a loan due to the timeframe of my business, and my parent's cosign won't help with their DTI ratio after I purchased this second property.

Some of the higher ups must be wanting a "business" trip to Cancun that can be written off.

I don’t plan on trying to do all of those business ventures on the same parcel of land.

Finally, on the business side of things, if I fill my mission to provide a product that is better than the competition or simply not offered by the competition, I shouldn't need to rely on potentially cheap marketing on BP.I understand it'd be silly to not do business if it can be a win-win for all involved but there is the right way to do things and you actually did by contacting me.

Background: I am scaling up an Airbnb Vacation Property Management Business.

if you are going to add value and cashflow the Laundromat, I'd assume that having the business produce the funds from profit to pay off the owner's note would be somewhat straight forward.If the deal makes sense and the cashflow is there I'd think a cary back would be a good way for the seller to get the number they want and for you to bring little or no downpayment.

Never be the first one to bring up the preforeclosure.