Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Building up LLC
I have a brand new LLC and I was hoping for some tips to build it up and earn credibility so it can stand on its own (in order to get a loan, etc). I also heard that it takes 2 years for this to happen; is that true?
Also, any tips on what kind of bank to get a checking account and/or credit card from in the LLC's name? Are there any advantages to opening an account at a community bank vs a credit union or larger bank?
Thanks in advance!