Include tax returns and statements for any accounts you list as assets.If this is your only property then your basically showing your personal net worth and salary/income.For the specific property prepare a pro-forma income statement showing proposed new debt service for the property.Once you have the package ready just start calling small banks and credit unions in your local area and asking to speak to a commercial lender.

Too much work for too little return regardless of what you charge for rent.

I have also listed below my report from bigger pocket calculator on my return for the flip.

Hi @Austin Petrie - While IRR and MIRR are important, I prefer CoC return.

Would get this (report) return if I can approved for a loan at 3.5% and 25 yrs amortization.

Check out this article I just wrote last week, and focus on #1 and #2- https://www.biggerpockets.com/renewsblog/buying-cr...There's cash flow as a requirement (or returns), but then there's the sustainability of that cash flow.

If you do a 15% down payment and do things right you can get 100% cash on cash return in the first year.

We have two years of tax returns with our rental income, so hopefully that should help; however, many lenders still want long-term leases to qualify income.

So keep it joint until all 3 parties are gone and the keys are returned. 

Short increases the chances of a return call but being too vague decreasing the chances.