I'm currently building up capital for future ventures and properties that I find on market, as well as attempting to find the best brokerage where I can work under an individual who is already more established.

It gives you the flexibility kind of like a credit card that allows you to borrow a certain limit and withdraw funds as needed.

I don't think he would allow someone that had to put the fee on a credit card.

Fannie mae allows you to transfer your loan into an LLC, but it is recommended that you speak to your loan servicer and ask that if they themselves will allow you to do so.

Yes, having tenants pay ACH via a Tenant Portal software is best, but not all will cooperate and some will play games that result in NSF charges.We allow tenants to deposit cash/check/money order directly at our bank into our account.Many Class C & D tenants have challenges adapting to unfamiliar ways to pay and is often not worth the hassle (and possible evictions) to get them to change:(

.: The applicant needs a social security number or an individual tax ID number (ITIN).

My idea was I could live there immediately and also do all the minor work that would not require an actual tradesmen, which would allow me to start building equity.

I use the fix and flip tab and it's great it tells me my allowable offer and all the tools are helpful!

It's not worth hiring a lawyer but as you suggested, small claims court may be an option IF you hired them in your personal capacity OR if your jurisdiction allows LLC owners to go to small claims and represent the LLC in court (many, most?

The previous company wanted to do something similar, but our attorney pointed out that this wasn't allowable under Florida law.