Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the assets...
Diem Tran
How to value of a business on a personal financial statement?
Hi Everyone!Could you please tell me how I would value a business for a personal financial statement that I would be submitting to a bank for a commercial property loan? I own a photography studio. I lease the space ...
Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the ass...
Marc Rose
Loans that don’t require personal guarantees
How successful have folks been borrowing in LLCs without personally guaranteeing the loans?For those who have done this, do lenders rely on financial statements of the LLC to get comfortable with not requiring a perso...
Alice Huang
First MF under contract! Commercial lending help please
Hello everyone,We just got our first MF under contract. Not sure how to approach it (re: funding, loan apps and etc)Here are the numbers:Total units: 7 (4x 2 beds, 3x 1 bed)Purchase price - $675,000Renovations - $20K ...
Philippe Benhamou
Is an Entity the way to go?
What's up guys!As a new investor I was wondering if forming an entity is the way to go? I am just starting this business as a Buy & Hold Investor, and I have always belived that business and personal financials sh...
Lee I.
Personal Financial Statement when real estate is owned in LLC or INC?
I've been looking over various personal financial statement templates and one thing confuses me. If I own real estate wholly or in partnership in the form of an LLC or a corporation, how do I list this on a PFS? Is ...
Kris Quinones
Which professional am i looking for?
I am looking to have all my finances looked at. With this I want to know what my net worth is, this professional should be able to offer advice as to what I should do or how I should pay down my loans.
Not sure if I...
Nicholas Zumwalt
Can you claim primary residence income
I currently have my Business under lease for the portion of the house that I use and my baswnt rented out. With both incomes the mortgage on my primary residence is covered and I have a positive cashflow.
My questi...
Jorge Abreu
✏️Evaluating Deals: The Significance of Evaluation Templates and Loan Types
In my journey as a real estate investor, I quickly learned the importance of evaluating properties and utilizing underwriting templates. It was during our first deal that I realized a term sheet is not set in stone. W...