When you form your LLC, you will most likely be opening a checking account for that business, most banks will give you a debit/ credit card for that account. if that is not enough for you, you can get them from most Credit Card companies, some even offering rewards.

You can cash out on full appraised value after 6 months.Prior to 6 months if you paid cash only and can source the funds to purchase.Delayed Financing-The new loan amount is not more than the actual documented amount of the borrower’s initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points (subject to the maximum LTV).Your 90k purchase + 3k closing costs would be your max cash out prior to 6 months.Both prior to and after 6 months are based on the current appraised value.

I hold a regular job have a car loan......regular stuff....dont have much in credit debit and have a good credit history. so I guess my first question would be is if lets say i do come across a good deal would I be able to get a mortgage on it??

Plus I just found out that my dad knows a retired investor fairly well ( i just saw the guy yesterday actually)..so i'm going to call him and take him out to lunch and see if he can mentor me a bit, and hopefully he knows some people in the areaAlso, I'm signed up with Pre Paid Legal for both ID Theft and their regular plan..and for my ID theft I got my score from experian 4.5 months agoIt says that my experian credit report is 672 on a scale of 150-930 (I thought it only went to like 800?..

The Home Purchase Program is designed to help local residents that would not otherwise be able to own a home, purchase a home by providing assistance for down payment, closing costs, prepaids and/or repairs.In addition, Florida Housing also offers up to $14,999 to assist eligible borrowers with their down payment and closing costs!

Taylor, Do they have an actual bank account tied to the debit card or is it one of the prepaid debit cards?  

If you have a pre-paid legal service this review is often a covered benefit.

Closing costs - you'll pay appraisal (optional for cash), inspection ($300-400), title insurance ($1000+), wiring/escrow/settlement fees (<500) and your share of prepaid prorated property taxes sent to the govt.

I use an ACH service which debits the tenant's accounts.

It's simply calculated and charged (at 12%) for a shorter period of time (6 months).You asked that it be explained in detail, so I hope this isn't toooo detailed, but I'm going to give you the calculator punches on a simple 4-function calculator:(amount borrowed) X (interest rate) = (annual interest**)(annual interest**) divided by (12) = (monthly interest)(monthly interest) times (number of months you owe the money) = total dollars of interest paid**annual interest expressed as a dollar figure for total one year's interest at that rate*APR: I think you might just want to think in terms of the interest rate, instead of saying APR (annual percentage rate) as the APR is a combined rate that includes the interest rate being charged, and all other "finance charges" such as up front lender fees, prepaid interest, etc.The APR is required under TILA, the Truth in Lending Act, and only applies to consumer loans, so would not apply to a business loan, but your business banker might just be in the habit of using that term anyway.Dennis, are you still awake?