Shi Fallon
Purchasing first property in Philadelphia, PA or Baltimore, MD
I am looking to purchase my first property, I have yet to obtain the property- however I am interested in buying and flipping. I am currently deciding how to fund the property. My husband and I have 49,000 from person...
Thomas W.
Has anyone used HELOC as a down payment for investment property?
I am looking to use the HELOC to take the equity from my primary residence and use it as a down payment for an investment property. I am not in a position to use the investment property as my primary residence to hous...
Chris S.
Transferring personal vehicle to LLC for better DTI
Hello! Hopefully I am in the right area for this question. I recently got into REI and have 2 fourplexes which cashflow pretty well. I am looking into picking up another property, but have a crippling $668 truck payme...
Kevin McGinnis
Tenant Screeing: Background Checks
I'm getting ready to start year 2 as a landlord. Year 1 went great, but tenants are moving out at end of month, so I'm in the process of showing my rental house, and getting lots of interest.Here's my question: based ...
Steve L.
Who do you bank with and why?
I am debating if I should change my primary bank but I am still unsure.
Currently, I bank with US Bank. They have a good online system, you can see scanned copies of the front & back for checks and the front &am...
Himanshu Jain
Any recommendations on credit unions in St Louis and Chicago area
Any recommendations or suggestions on what credit unions to approach in St Louis and Chicago area?Thanks
Trischa Scott
Claiming education costs?
Hi all!
I've been really immersing myself in the forums and literature available on BP. One thing I'm focusing on right now is tax minimization. I read the BP book on tax strategies for the savvy real estate investor...
Daniel Patton
Community Banks
Hello, I am trying to decide where to open my business bank account in Chicago, and I've heard that smaller community banks are the best bet when it comes to getting business lines of credit to fund deals/projects.Doe...
Heather DeGeorge
Collecting tenant bank account information
We've moved back to advertising and screening our own tenants and we are trying to get smarter about it. I KNOW I saw somewhere in these forums a good case for collecting tenant bank account numbers during the applic...
Amie D.
Do you consider applicant's self-employment income if business is new?
A young married couple wants to rent a single family home I own in a low- to middle- income neighborhood. They check decently (good references from present/past landlord, no criminal history/bad debts/delinquent accou...