Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
14 January 2025 | 15 replies
If it is a larger bank/mortgage broker, you should be fine.
Garrett Jennings
Can I do a hybrid of seller financing and bank financing?
17 January 2025 | 4 replies
If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?
Andrew W.
Texas Series LLC - Bank Account Recommendation?
19 December 2024 | 14 replies
@Andrew Watson I have a similar setup - One series LLC to One bank account.
Eryn Garcia
My pickle/real estate woes, help/suggestions
19 January 2025 | 5 replies
Both accounts same bank they even froze her roommates account at the same bank and he had nothing to do with real estate no existing loan family member is alive.
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
The problem I was having with Stessa and Rentastic is that it only tracks what’s in the bank account not what I get from the PM, so the numbers are off and I have to go in and correct it all.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Yes, you can have a baselane account(s) and/or link to external banks.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
Garrett Ramela
What's going on with Azibo? Any recommendations?
20 January 2025 | 4 replies
Do you think this issue is specific to banking services or what do you think is the root cause?
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
Get a copy.2) Bring your trust documents to any bank and open a trust account in the name of the plan with you and your spouse as the trustees.3) Transfer your existing 401(k) funds into the checking account associated with your 401(k) trust.
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
The liquidity or funds for the purchase can be in your new entity or your personal bank acct.