Hello BP!  I'm a new landlord here, and I just had my first tenant move out (it was a VERY short lease).  I've gone through all of the steps for moving out, and now I only have to return the security deposit.  What me...

I hear its smart to have Rental properties in LLC, but banks don’t like to lend to LLCs. You can quit claim a property into an LLC but is that that best process? Whats the best legal process to get the property into ...

Hi All!
Looking for some guidance/advice please.  I would like to purchase rentals.  I've set up an LLC and then went to the bank to talk about my plan and see what finance options I have.  The bank tells me they won...

So I was recently notified by my partner that he found out LLC's usually don't usually get approved for mortgages on any properties that are under 4 units by banks.  I was just wondering, is there any truth to that?  ...

Quick intro, current SFR investor who just jumped into apartments---a 16 unit and a 12 unit. I have a great management team so I'm not as nervous as you would think. Anyway, a quick banking question. I have my busines...

I'm tring to get financing however everyone is shutting me down. I've called wells fargo, hsbc, citi, ect and I keep getting the same answer. They will not finance a 2 family property to a LLC; only commercial. They w...

For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-...

Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...

I created a Single member LLC at the end of last year. I called my CPA to ask about any consequences transferring from husband/wife to SMLLC (myself as the sole member). He mentioned that I would have to choose partne...

Hi everyone. I'm a new investor learning about the BRRRR process primarily as well as out of state investing in general, as I'm am in CA and prices are off the chart here. My challenge is all of the cash that I have t...