Melanie Campbell
Funding 4 Flipping scam, anybody else?
Ugg, got taken by a total scam, feel like an idiot. They advertise as funding 4 flipping, also WCAP financial and Seed Capitol. they promised to help me establish a business line of credit. All they did was open a cou...
Matthew Porcaro
How should I take rent payments?
Hey Guys - what is everyone preferred way of taking rent payment? Only own two units currently, so I don't need a robust system just yet. How should I have my tenants pay me? Up until this point I've just been taking ...
Jacob Trogan
High DTI and How to Get over It For A HELOC (W2 is a trap)
I am a little frustrated here but I wanted to get advice on how any of you may overcome DTI limitations when applying for loans or HELOC/LOC? I applied for a HELOC and the equity is there and my credit is 750+ but the...
Dan Grove
Looking for education on setting up the business
Hello BP friends,I am currently building a core 4 team as gudied by the David Greene long distance real estate book. I have money ready in my personal account and have an itchy trigger finger to buy my first place an...
Matt Geerts
New landlord in London, Ontario
Hello!I am an aspiring real estate tycoon currently posing as a computer engineer. I live in St. Thomas and work in London, Ontario and I'm in the middle of closing my first rental! I am currently trying to find peopl...
Jackie F.
How to establish credit and financing for my Real Estate LLC?
Hi BP,I currently have 4 rental properties with mortgages under my name. I am looking for my next property, but would like to finance it under the name of my LLC. All my LLC has is a credit card. I only have 1 year...
Cody Cavenaugh
Getting approved for a Loan- Ideas
Hey y'all, I am looking at purchasing my third home and would like advice on getting a loan. This will be my 3rd house and I just closed on my second back in March a few weeks ago. For the previous 2 homes I own, I ha...
Jeremy H.
Bank Accounts - How do you organize them?
How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
Gunnar Brown
Starting Out with or without a LLC/SCorp???
Good morning,I am seeing a lot of reference about LLC and my business being thrown around. Before i get started with my first investment property should i start a LLC or S Corp. What do you gain by doing this? Does...
Steven Silbert
Separate Bank Account
As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...