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Results (10000)
Cody Stubblefield Providing Proof of Funds from an Investor
2 January 2023 | 2 replies

Hello! I am a Bigger Pockets newbie and am looking at doing my first real estate deal.
I have an investor who wants to only provide the money for the house flips I will be doing. He does not want an active part in t...

Sanjeev Kaushik Rental property rent collection until moved to LLC
14 August 2019 | 4 replies

When I purchased a rental property it was already tenanted and rent was flowing. After 3 months I moved (QC) this property to my LLC. Can I put rent in LLC bank account immediately after closing or I have to wait unti...

Vishal Amin What type of bank account for an LLC?
30 March 2023 | 3 replies

I recently just completed the LLC process and got an EIN number. My next step is to create a bank account for the LLC. What type of bank account should I be creating for the LLC, of which my partner and I will have ac...

Joe Archbold Partnering with IRA for Non-Secured Note
28 March 2016 | 7 replies

Hey BP friends,Does anyone have history/ success using self directed IRA funds to partner in long term hold.  My primary interest is for using 3rd party for a Non-secured promissory note to purchase Multi unit buildin...

Pat Peri How are you collecting payment?
5 November 2017 | 22 replies

Hey guys,

I am in the process of getting my first quadplex and am wondering how everyone is collecting rent. Are their good apps/software? Are you directly drafting from account? Check?

Thanks!!

Robert Gunby Private Money Process not HML
1 July 2017 | 8 replies

How does the process of acquiring private money work. You bring a deal to the potential lender, they like it and decide to lend you the money for a specific amount based on certain conditions. What are the next steps?...

Karen Lee Recommendations for a tax attorney to set up an LLC for a self directed IRA?
24 October 2014 | 11 replies

I just got an accepted offer on a property that I want to buy with my IRA. However, I haven't moved my IRA into a Self-Directed IRA yet. I'm closing at the end of November on the property. Can anyone refer me fast to ...

Steve Vaughan Pay off mortgage for a large HELOC?
10 May 2021 | 12 replies

We have a relatively small mortgage with a relatively high 15yr pmt.  We are 9 years in. 
We were considering doing cash-out refi's on 3 residential rentals to pull out about $300k to beef up our opportunity fund.  
...

Kevin Schultz Electronic rent collection?
15 April 2019 | 25 replies

What are people using to collect rent electronically these days?

Priya Srinivasan Private Money Lending
5 May 2022 | 10 replies

I'm borrowing money from a private money lender to close on a quadplex. He mentioned he will transfer the money to my account and not the title company. Is that okay? Also this is my first time with private lenders. W...