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Results (10000)
Sean H. Dilution & Removing a Personal Guarantee
10 January 2014 | 8 replies

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...

Matthew Beninate Small Bank Recommendations
15 July 2024 | 5 replies

Any investors in Memphis have recommendations on small local banks for business checking accounts?

Elsebeth Birman Business Banking Help
22 October 2020 | 7 replies

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...

Sarah Acosta 1st Rental Property Advice
18 March 2020 | 4 replies

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...

Steve S. Debt to income ratio on unsecured line of credit?
14 January 2017 | 7 replies

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...

Lara Gonzalez Best Banks For Landlords
1 June 2024 | 17 replies

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 ...

Michinori Kaneko Switching Title of the property to an LLC
30 August 2018 | 9 replies

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...

Ali Senchenique Security deposit and rental income question
24 May 2018 | 6 replies

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 ...

Tamara R. How hard is it for commercial lending for hotel during covid
20 December 2020 | 7 replies

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 ...

Sean Weichel Can my rental bank account be linked to my standard bank acount?
14 May 2019 | 14 replies

I have opened another checking account at my bank. I have it linked to a couple of my savings account and plan to run all my rental business through just the new checking account. Im trying to find the best way to mov...