Banks, both small and large, are facing two extremely difficult challenges that threaten their continued existence in the financial services industry.

So, for tax purposes, the entity does not exist and there will be no tax consequences to moving money out of the business account.  

By the way, hypoallergic breeds of dogs do exist to.

The plan was to rehab the house to a 5-bedroom, 2-bath home with a main floor master suite (the existing layout did not have a master suite).What was supposed to be a 3-month rehab stretched into a 6 1/2-month rehab.

This is a pretty big thing these days.If your mortgage guy says that the only way you can drop your existing PMI is after you reach 20% equity - that is not correct.

Most of this consisted of taking down existing wood paneling and prepping the walls to be painted.Next week the bathroom will be completed and the 2nd floor and first floor will be primed and painted as well

Their existing lease must be honored by you as required by law.

If you can’t already tell, I’m really glad that Bigger Pockets exists.

It is likely that even the initial transaction may be a disqualified party transaction if you have existing joint ventures with this individual.  

I have two investor friends that have acquired an 18-unit apartment complex under sub-to the existing mortgage.