Evan Bell
Can I get a HELOC through my LLC?
How do I go about getting a HELOC through my LLC?
My wife and I own an SFR and a duplex in Southern California that sit on the same piece of land. They are completely paid off and we want to get a HELOC on them throu...
Anna M.
CAN A BANK CALL GOOD/PERFORMING LOANS?
CAN A BANK CALL GOOD/PERFORMING LOANS?IF SO HOW DOES ONE PREVENT/PREPARE FOR THIS, OR CAN THEY?I have always thought that if I am current on my bank loans the bank would not want to call the loan or foreclose on the p...
Andrew P.
Distant rental money management
Hello everyone,
We are running into issues where the bank we use for our business checking is not in the town where our investment properties are. We do have a bank there but there are limits for ACH transfers to our...
Harman N.
Business Bank Accounts: Monthly Charges
Hi all,Wondering what bank you use for your business accounts, and what the fees are like. I went to open accounts with US Bank, which I already have some of my personal accounts with, but they have monthly charges fo...
Sandra Holt
Short Sale Lead
I contacted a homeowner who recently had his house listed on the MLS as a short sale, then removed the listing after a couple days. I know that he's upside down by quite a bit in addition to being past due on his HOA...
Nahal Beckam
Tenant has withdrawn money from my account instead of depositing
Hello, I asked my tenant to pay the rent online. Gave him my wells fargo bank account and routing number. then he said his chase bank has sent me two small deposits to verify my account. so I gave him the amounts of t...
Mark Adler
Need HELOC in Philly via Portfolio Lender, Hard money, etc
Hi Everyone, trying to find a lender who can do a HELOC on a property I own in Philly. The amount should be in the 50-100k range. Normally this wouldnt be hard to find but Ive been having trouble tracking down someon...
Nathan Joens
Most Common Financing Methods
What is the most common way you finance your properties?
Eli M.
How many loans can one practically take?
Dear BP community,I was wondering, is there a formula how one could calculate how many loans banks can practically give him?Does it matter if I buy the properties on LLC? Does it matter if my wife is also on the llc? ...
Arty Fresh
is this financial statement layout acceptable to banks
what do you guys think of rich dads financial statement ? this one --> https://www.richdad.com/MediaL...
I was thinking of hiring a bookkeeper for $5-10 month to do all this for me and I can just send them my emai...