Documentation for Applying for a Joint Commercial property loan
I am planning on buying a commercial store.   I will be going in jointly with another LLC. The property will be a store front on the ground floor for our products. The basement will be rented out to other small businesses. 

My credit is good. However my tax return shows a loss the past 3 years. Will this be a problem?
[{"id": "hz4bjat", "text": "Lenders are going to want to see your ability to repay the loan, if there is no money to make the payments, they won\u2019t approve the loan.", "replies": [{"id": "hz4c318", "text": "Thanks, I am not a LLC yet, so my tax return is joint with my husband who makes decent money. Will that help?", "replies": [{"id": "hz4g2ge", "text": "With commercial loans they underwrite everything. The building income, the owner/guarantor income, etc.\n\nSo even though you are buying through an LLC they'll still ask for your personal taxes. Whether they count your husbands income or not depends on the astuteness of the banker. They might just call his income your income, but they *should* look only at your income. Once they realize you don't have income they will request a guarantee from someone else. Your husband can guarantee the loan.\n\nIf your business partner has good income then they probably won't care too much.\n\nEither way, don't over explain your situation. Let the banker ask the right questions.", "replies": [], "depth": 3}, {"id": "i0c2fip", "text": "Lender here. Yes, if your husband is guaranteeing the loan with you, then his income can be considered.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]