![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2205094/small_1708375400-avatar-lioncross.jpg?twic=v1/output=image&v=2)
9 July 2023 | 5 replies
If I buy that and use that as my main vehicle, would the 2008 Mazda suffice as a rental?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/188354/small_1637709389-avatar-mwneiger.jpg?twic=v1/output=image&v=2)
20 April 2018 | 21 replies
@Mark NeigerGenerally, a bank statement or securities account with you or a sponsor's balance will suffice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/529303/small_1621481886-avatar-jasonr94.jpg?twic=v1/output=image&v=2)
3 December 2021 | 19 replies
I would take two steps:1) Make an initial contribution to your business account so that the business has at least some capital ($1,000 would probably suffice).2) Then, make the separate HELOC contribution for the amount you plan on using to buy the property.If you plan on keeping the HELOC contribution in the business long-term (i.e. a buy and hold property), you can draw up a contribution agreement between you and the LLC.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2829386/small_1694638523-avatar-joses362.jpg?twic=v1/output=image&v=2)
22 November 2023 | 4 replies
Lenders will want to see you have the cash reserves to get through your project, and credit cards won't suffice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2875175/small_1699923098-avatar-charlesk207.jpg?twic=v1/output=image&v=2)
15 November 2023 | 4 replies
- just touching base" are not going to suffice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1379132/small_1621511776-avatar-tesss3.jpg?twic=v1/output=image&v=2)
21 June 2022 | 92 replies
What makes it more frustrating is the entire block and 3 surrounding blocks are duplexes and triplexes and only 2 lots actually have 4 car garages, some with three like mine and some with even just one.I think there is a chance the city could reconsider on 4 garages total with the right architect and plan and could accept a 3 car garage to suffice for the 2 units, but I really don't like that I would have to spend money for an architect and pay for the time of the city's planner just to find out this is even possible or not to begin with.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1190301/small_1694809640-avatar-jamesn129.jpg?twic=v1/output=image&v=2)
28 March 2023 | 10 replies
Like @John Underwood, with only one property, just using the apps provided should suffice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2839597/small_1695045693-avatar-nickc645.jpg?twic=v1/output=image&v=2)
29 November 2023 | 14 replies
@Nick CrosbyThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2433361/small_1653055746-avatar-ryant520.jpg?twic=v1/output=image&v=2)
22 February 2023 | 18 replies
Good information to know...thank you for that...so an LOE would suffice most large deposits or just Gifted funds...and do the gift funds need to come from a relative ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/730449/small_1621496268-avatar-patj5.jpg?twic=v1/output=image&v=2)
27 November 2018 | 12 replies
However I won't buy bottom of the barrel stuff, and I think (based mainly off my own airbnb stays where I just used the unit to sleep in) online purchase will suffice.