What would be the NAICS code for a hard money lending business. I have tried using 522292 and I keep getting rejected by banks when I try to set up a business bank account. They say it’s a prohibited business for them.
Hi BP - my partner and I have a LLC set up. Our attorney and CPA said that we will have to file for taxes as a partnership but I have been reading up that taxes are pass through? We are a 50-50 partnership with the op...
I know that DnB has something to do with business credit, however, when I called them to ask how I was doing on my business credit, they said they had no records, and it will cost me a thousand dollars to start the pr...
Do people use a buyer's agent to find REOs? I can see the use of having MLS access for comps, but, since REOs are a #s game, what's the incentive for a buyer's agent to make 30 or 40 offers for you to get a 3% commiss...
Im just curious with all the moving parts on a lease options and slo, co-op lease options, and wholesaling lease options. How viable is this strategy for a newer investor?
Hello! My name is Cooper and I am an investor located in Bozeman, MT. I specialize in 30+ day furnished rentals and am scaling my property management company from (3) doors hopefully to (5) by the end of the year. I l...
Hello, anyone have any advice how to get the down payment for a triplex? My equity is falling short and need about 150k for a tri in New Orleans. It's also in a commercially zoned area, but can also use as residential...
I have enough cash on hand that I could purchase a home in a less afluent part of town, or finance in a nicer area?I've always been a little gun shy about borrowing money, but understand financing could increasing my ...
About MeHey everyone my name is Mike I am 32 Married and Live in San Diego CA..I have always wanted to own allot of real estate but just thought it was something out of reach for someone like me( middle class constru...
I'm sure other investors run into this problem as well...I was going to create an LLC a couple months ago until I found 99% of banks wont lend to LLC, great. So I purchased my 2nd rental under my name again. And even ...