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I am in due diligence period on my first investment property. My question is: should I send all my funds into my business checking account to use it as the down payment and closing costs account? Or just leave it in...
Hello,
I am trying to purchase a single family house that I would like to use as an Airbnb. As the purchase of the house would be an investment property the bank requires a 20% down payment. I would like to use an in...
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Hello Everyone,Do you have any recommendations for a HELOC originator? I want to capture the equity in my primary home(condo) to fund my first BRRR deal. I'm looking into Bank of America as they don't charge annual f...
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A common question I am getting from my foreign investors buying in the US is how they will be able to transfer funds to purchase property from their international account. Likewise, once they purchase the property, a...
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My wife and I downsizing from a 600k house which we both have our names on. To a 400k house which we are trying to buy in my wife’s name only (this will free up my larger income for rental propertly loans which we wan...
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Good Morning BP,I hope that everyone else on the East Coast is surviving the snow. Saw some crazy videos from down at the shore with all the flooding.Anyway...I'm setting up my first private lender. Attorney is drafti...
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How do you transfer funds between banks, credit unions and the like? I have found long lag times moving money into US Bank even with Zell. I know US Bank is a regional bank so a little questionable maybe. Short of wri...
Everyone wants to reach financial independence as soon as possible. But if you really want to get on the path to early FI, you’ve got to start making savvy money decisions TODAY. And we’ve got a few tips, tricks, and ...
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Hello,I have a 50/50 LLC with my spouse. Obviously that LLC income flows directly onto our personal joint return. The LLC has a separate bank account to keep funds separate. The LLC money has been reinvested in anothe...
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What are some of the pitfalls of creating a LLC with a spouse for rental properties? Is it better to have a single member (just me) to protect her from any litigations against me?