With over half a decade of working for mid-sized accounting organizations specializing in financial reporting, budget/forecasting, and compliance.

Ward III Really great checklist, completely agree that readiness drives confidence with lenders.A few elements we’ve found helpful to include as well:▪ Sensitivity analysis on DSCRJust a quick look at how the deal holds up under different rate or OpEx scenarios.Shows we’re realistic about what’s changing in the market.▪ Institutional OpEx benchmarksA one-liner that ties expenses to actual operator averages helps align expectations early.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

A friend and mentor of mine is a real estate attorney genius and manages a literal $1B+ portfolio across broad asset classes including: restaurants, 500unit+ mixed use developments, hotels, storage spaces and hundred year land leases..they are refinancing several building at +/- 5.5% At scale - the impact is monumental.

For staying organized across multiple properties, a solid PMS + clear SOPs has been a game changer for me.

They also have a free directory and publicity program for organic exposure.Has anyone in the Triad (or similar markets) tried REB for leads?

But we have ready uses for Self Storage or Country Lot subdivisions.  

I am no longer crawling through the basements of distressed properties and did quite well in the last years with new construction.

Pick a lender who can actually close on time, communicate well, and help you structure deals, not just quote you the cheapest number.

.: I want to organize my business books better to be able to quickly apply for loans, LOC, share with an accountant, file taxes, etc.

It works very well not only to keep my family safe from nut jobs, but I can see my mail any time from any location.