However, repairs or improvements must be permanently affixed and add value to the real property.Costs and Escrow Accounts The costs of the renovations will be based on the plans and specifications for the work and on the Construction contract for all of the work requested by the borrower.

I have explored the concept with my lender of the $10,000 being disbursed to an escrow account at closing for post-closing repairs but they have indicated that this will lead to the Lender needing to do further diligence on the repairs, perform inspections, etc. all of which will kill the deal for me, because I need to close in the next week.

Account ClosedIs he splitting any of the profit with you?

Most people have the app nowadays and it's extremely convenient to transfer the funds into your bank account.

@Chris Seveney, So you have a different LLC for each state do you have them as their own separate entity with their own bank accounts and everything or do you have them owned by a trust or an S corp?

Will Glaeser Lenders want to have your income (tax return, pay stubs, w2), credit, experience, bank account, LLC operating agreement, purchase agreement, scope of work, market comps, property evaluation, exit strategy.

.- Do i need a back account in the US.

So if you have an LLC and are putting deals under contract with your LLC then your signature at the bottom will be something along the lines of "David Todd managing member" but within your contract you will be using your LLC's name as "buyer".My LLC has a business checking/savings account that I deposit my investing checks into (since all my deals I use my LLC to close with)

Account Closed that's a great idea that could potentially work here.

Account Closed Dealer?