Keep Business Stock Separate From a Rental Property Financing File

By Don McClain | Founder & Principal, Medro Advisors. If an investor also operates a business, keep business inventory projections separate from the rental property’s income and expenses. Identify the actual source and ownership of funds proposed for the transaction. Do not treat expected merchandise sales or supplier credits as verified cash available for a rental purchase or refinance. Have the relevant records reviewed for the specific request. For non-owner-occupied one- to four-unit rental financing preparation, visit https://americasloansource.com/financing/dscr-rental-property/

More from ALS Updates