, plus all of the banking and bookkeeping features.

Is there a pre existing loan with that bank with either of you?

I’d never had more than $2,000 in my bank account up until this point.

@Shin Nishikawa Right now it is still difficult for foreigners to get financing from Japanese banks.

Most banks won't want to come in with a line of credit that is second lien on the property.

The family purchased a lakefront property in a nice area three years ago but then ran into a series of issues, and have abandoned the place because of them.They are hoping the bank allows a short sale (asking for roughly $20,000 under what is owed)Here's what's made them so unhappy:Anytime they used the laundry it was dumping into a dry well, which would back up into the house forcing them to take their laundry to a laundromat instead!!

Do you think this issue is specific to banking services or what do you think is the root cause?

My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.

He is looking at a group of investors like myself to bring 25% of the project value and then procure a bank loan for the remaining 75%.

As Jay mentioned they must be NMLS licensed if owner occupant of in several states even commercial needs licensing.The NMLS is like the database, each state has a division of banking that oversees lending requirements then you also on the federal level have CFPB as well as consumer protection laws.I want to add that I believe yesterday the CFPB is undergoing changes, but if it goes away that does not mean that many of the laws in place especially consumer protection laws would go away.