I was a senior in college studying business management, evaluating my personal financial situation, and determined to be a wise steward of my first paycheck after I graduated, knowing I’d be climbing my way out of about $20,000 of student debt and several grand in auto loans.WhIle searchIng for somethIng productIve to lIsten to on a jog I found the bIggerpockets podcast.Ive learned more from BP than I ever dId In college.Despite math, my wife and I made the personal choice that we’d pay off our student and car loans before we got started.Fast forward three years later we paid everything off and saved $20,000.

I tried to open my first business checking account today for my new LLC at a credit union. 

I am renting the property as an Airbnb so I created an LLC and all the income is going to the LLC bank account currently. 

Pick a single business bank account and start running all your income through that account. c) >24 months, Fannie opens up (typically) once that 2nd year of tax returns is filed and processed by the IRS.If you do a or b with the plan to refinance once you hit c, make sure there is no early payoff penalty.

My wife and I currently have three Ally savings accounts:1).

This would make the tenants responsible for setting up an account with the local water company and billing would happen through them which is very hands off for the investor.

@Dennis Dahlberg Horrible advice, which his accountant can explain to him.

Originally posted by Account Closed:@Joey Newton that sounds pretty great to me...

Purchase price: $18,500 Cash invested: $23,000 Sale price: $35,500 Case Study of our Kendallville, IN CFD Ironside Investments purchased this note in October 2017.

Account Closed awesome, good for you!