All Forum Posts by: Account Closed

Does anyone know if chase or any other banks allows me to open a business bank account with out a llc or other legal entity

Since a llc cant get a residential loan does that mean that it can only get a loan from Freddie Mac and Fannie Mae. And if this is true would a investor with multiple years experience advise me to get loans on my llc or should i get them on my name without a llc

If you get a residential loan are you able to transfer it to your llc and are there any restrictions such as amount of units or amount of loans you can get for that llc

Since a llc cant get a residential loan can i buy the property in my name and then transfer it over to my llc and will a bank get upset at me

I starting a llc in real estate investing and im wondering were i should get loans on 6and7 figure properties since a llc cant get a residential loan. Does that mean I could only get loans from fannie may and fredie mac or wil a traditional bank give me a commercial loan or even a residential loan for a llc

@Isacc Lightbourn

Cap rate is a way to find out the profit you could potentially make from a deal it is the net operating income divided by the purchase price