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Updated almost 4 years ago on . Most recent reply

User Stats

50
Posts
29
Votes
Sam Issa
  • Investor
  • Boca Raton, FL
29
Votes |
50
Posts

Business Checking account

Sam Issa
  • Investor
  • Boca Raton, FL
Posted

Hey all,

I've seen some posts in here about bank accounts that allow series-LLC sub-accounts, and it seems it works perfectly for investors with rentals.

But I wanted to get your thoughts on accounts that work better for flippers. Every time I wire out payments to contractors, I have to add $25 wire fee. Not to mention the most annoying $25 for incoming wires! 

I saw some "online-only" banks that offer free wires, so I wanted to see if anyone has experience with these types of banks for business purposes and what they thought of them.

TIA.

  • Sam Issa
  • Loading replies...