I am currently a 33% owner in a S-Corp that has loans on several properties. My partners and I have agreed to a stock issuance to allow an additional partner to join the company that will dilute me personally to a...
For those of you with rental properties, who do you use for your banking? I am considering Baselane or Stessa. Does anyone have experience with either banks? I don't really need property management software as I have ...
Hey everyone! I am an out of state investor and want to open a business banking account. I'm currently investing using the BRRRR strategy. Would it be best for me to look for a bank (small or big) in the state in whic...
I've talked to several local banks and they all seem to be around 40%. For round numbers, can if I make $100,000 / year, what would I expect them to be comfortable with as far as extending me an unsecured line of cred...
Any investors in Memphis have recommendations on small local banks for business checking accounts?
My husband and I just closed on our first rental property last month. We are wondering from a financial standpoint, should we open a business bank account or just a superare personal bank account to keep all finances...
Hi, I just went into contract for my first rental property a week ago. the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped. I ha...
I am looking to secure a loan for a hotel but think I may have some problems getting financing. I know there is a way. Any suggestions?Background- we are just about to finish our Brrr on our 3rd property of two doors ...
My lender is warning its clients that it will no longer accept payments from a business bank account, which is how I’ve been paying the loan since its inception many years ago. They insist I must pay using a personal ...
Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...