WHAT IS THE PROPER WAY TO OPEN A BUSINESS CHECKING ACCT AS A REI?

[Torey Henderson]

Hello all-

I tried opening a business checking account a few months ago and when asked what type of business we are, I said the forbidden "real estate investing" and was denied the opportunity to open the account. I do not want this happen going again.

For those who have opened business checking accounts in recent years how do I describe what I do without using "REDFLAG WORDS" even though I am a REI ?

I appreciate any helpful feedback you guys can provide. I already know to avoid using investor, investing etc.... I understand why this is considered risky, I would like to know WHAT TO SAY in order to get my accounts opened.

We have a LLC registered in Texas, we have an EIN and a DUNS trying to get going to establish a business lines of credit etc...

THANK YOU!