Banking options for new investors starting a REI company

[Elliot Tan]

Hi everybody! My partners and I are starting a RE investing company in the DFW area. We will be doing flips and buy and hold investing, with plans to scale to mid-size apartment complexes. We're in the baby stages of this and haven't come across much information concerning what type of bank account to open for our company!

We will create an LLC this year, and were wondering what type of bank account to open for this company? Would a typical small business account suffice? Is a big bank or smaller bank better for what we are trying to do? Any recommendations for banks in the DFW area that service small businesses like what we are going to start?

Would LOVE to hear about anyone's experience in starting an LLC with partners and what you all did well, and not so well, in the beginning! And any tips and advice in regards to banking would be much appreciated! Thanks to those who take the time to read this post!