Oscar Miguel
How to go about getting a personal line of credit?
Hello everyone, I hope everyone is safe and in a good mental space; given the circumstances.
I've been working to be as ready as I could be in the event of a downturn. I've done a few REI projects and am currently w...
Priti Gupta
First Time House Hacker - Separate bank account for rent collection?
Hi, I am new to real estate and I bought a house recently and planning to house hack by renting the basement out while I live in the house for a year or 2 and then move out and rent the whole house. My question is sho...
Elliot Tan
Banking options for new investors starting a REI company
Hi everybody! My partners and I are starting a RE investing company in the DFW area. We will be doing flips and buy and hold investing, with plans to scale to mid-size apartment complexes. We're in the baby stages of ...
Mark Dixon
Business Line of Credit: Who Should I Talk To?
I am in the process of establishing my LLC and I am interested in setting up a business line of credit for the corporation. I wanted to ask if anyone here could recommend a bank or financial institution where I could...
Steven Hutzley
How To Structure A 3-Man Partnership
As the title suggests, me and two others are looking to buy our first investment property. We are looking for advice/discussion on the best way to structure the deal. Our concerns are with financing, liability, and ta...
Bryan O.
solo401k and Precious Metal Storage
Hi all, I have been trying to find the requirements for the physical storage of gold and silver in a solo401k. Sense Financial says that the IRS requires precious metals owned by a solo 401k to be held by a financial ...
Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Matt Hoiles
Changing Banks - National vs Local
I've recently moved from NYC to Nashville and have just realized Chase Bank doesn't have any TN locations.I'm now considering which bank I should go with... Bank of America is close to home, but wondering whether it's...
Burt L.
Rental Property Conventional Lenders That Will Close In An LLC?
I have been looking at doing a DSCR loan but looks like I'm giving up on that as DSCR loans require bank statements anyway and if I'm going to provide that, I might as well go Conventional and have significant rate sa...
Koel Gaylord
usbank say "no" to deed transfer.
I bought a duplex in 2010 in my personal name, however, in 2012 I formed an LLC and last week I called my bank to let them know that I plan to transfer the my personal name from the deed into my company LLC
The bank...