Hey guys,Sorry if this topic has been answered a million times in the forum. I've been scouring different articles, blogs and forum posts and have gathered a general outline of the process, but I'm confused on a coup...
Hello,I am looking for a (local) bank to support the BRRR strategy. My business partners and I purchased and rehabbed a rental using cash. We now want to refinance it and need a bank that accepts the fact that the t...
Looking to get 60k to clear off high interest credit card debt. My credit score around 640. Debt to income about 60%. I tried HELOC on rental properties none of the banks I spoke offering this product after covid. I s...
If I set up a LLC does a bank generally see that there is no credit history or do they go off of my personal credit?
How do I get a loan of they won't use my personal hx?
Hi,We are an overseas fund that will start investing in Cleveland area residential properties. Any suggesting on which bank to work with. Which bank in Cleveland is easier to work with and our of country investor frie...
I was presented with and investing opportunity called Reverse Close through a transaction engineer at on of the local REI meetup. From my understanding the process involve person A with good credit borrowing from the ...
What are some of the best practices in managing the LLC bank account with regards keeping it compliant with rules of separation from personal use (example: can ransfers be made from personal acct to LLC for certain pa...
Hey folks,I am full speed ahead to close on my first duplex in mid-January. Will be utilizing this as a house hack. I need to get my banking situated for property expenses and am looking for suggestions on the best wa...
Hi BP community, I am trying to implement Profit First method, which suggests to open multiple accounts; tax account, operating cost account, profit account etc. I cannot find a bank that allows opening multiple check...
Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...