Hello,I was hoping to receive some advice regarding the best business account to use specifically to handle larger wires on a tight timeframe. 

Based on my understanding, the loan for $150K w/ 20% down would be ~$1150/month (tax, hoa, and P/I).

I already spent $1200 on the appraisal.

Bottom line, if you're operating as a business you should be keeping business and personal completely separate.

These lenders typically cover the purchase and rehab costs because they’re more focused on the value of the property than your personal financials.Rehab: Use the borrowed funds to fix up the property, adding value by making necessary repairs or improvements.

Now I'm on to the next step: covering the tax bill from my side gig, saving, and repairing my credit.

Check out other online guides available here: https://www.biggerpockets.com/guides3.

Come on up to Black Hawk County tonight!

After having a phone call with seller and coming to a verbal agreement on terms for selling financing, what is my next step?

We started with $1MM of our own capital, and have since grown to about $25MM through raising private money and utilizing bank lines of credit.