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Updated over 4 years ago on . Most recent reply

David Ramirez's profile image
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David Ramirez
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  • from Tampa, FL
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David Ramirez
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  • from Tampa, FL
  • Member since Jun 12, 2019
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David Ramirez
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  • Tampa, FL
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Florida Real Estate Q&A Discussion Forum

FLIPPING BANK ACCOUNT

David Ramirez
  • Investor
  • Tampa, FL
Posted

Hello Everyone, 

I wanted to know if anyone recommends a good bank for Real Estate Investing. I currently have TD Bank and the customer service is terrible. 

Regards, 

David Ramirez

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Kristin Kiddy's profile image
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Kristin Kiddy
  • Real Estate Agent
  • from Ormond Beach, FL
  • Member since Sep 27, 2017
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Kristin Kiddy
  • Real Estate Agent
  • from Ormond Beach, FL
  • Member since Sep 27, 2017
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Kristin Kiddy
  • Real Estate Agent
  • Ormond Beach, FL
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Kristin Kiddy
  • Real Estate Agent
  • Ormond Beach, FL
Replied

Not sure if this applies outside of Florida, but if you haven't yet formed your LLC for the flips, when you do, you must check a box to request an EIN number. It's not automatic. And you need that EIN to open a bank account.

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