Hi,If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?

Hello All,I recently heard on the Biggerpockets PODCAST an Ad for Found.com (Banking and Bookkeeping) and went to check it out, however it is only for single member LLC's. 

I am interested in real estate but I am too young to get any mortgage from a bank.

Your bank may not allow you to deposit them. 2.

Which banks offer the best/highest lines of credit to new businesses ?  

We create brand-able and share-able reports with all the variables and charts to help visualize an investment in order to share the reports with business partners, realtors / clients, banks, potential clients, etc.Hope this helps, let me know if there is anything else I can be helpful with.

The issue I often encounter with this line of thinking is that investors frequently fail to consult their lender about what is permissible.

Builders, house flippers, brokers, etc.Unfortunately, banking and finance services and certain architect and engineering services don't qualify.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Thank you both so much for the detailed repliesA few questions related to Accounting if you don’t mind1.Do you recommend separate bank accounts for each property, or does a single account work better?