I am trying to wrap my head around how to transfer money from a personal savings account and HELOC in one state to another state that will hold my business/LLC account. Will it tie the business account and personal a...
Hey folks -So I'm looking to make my first RE purchase and want it to be an investment property. I have a decent sum of money saved for the follow two options. My question to you is, which do you think is the best rou...
Hi guys,I have a question for all of you... I am trying to avoid funds co-mingling. So what is the best way to do it?I have a house in an LLC, also I have a property management company.Ideally would be great not to op...
Hello BP, My name is Aaron Phillips, and I have been interested in getting into Real Estate for many years now. I am currently 21 years old, and took an interest in Real Estate my Freshman year of High School. The big...
Flippers, what's the best way to organize your bank accounts?
I have a personal account and an LLC business account.
Currently, I keep the bulk of my money in my personal account and transfer funds as needed to my LLC...
I’m under contract on a $2M STR investment property with great rent performance, above 1.25 DCSR, and room for growth, but my investors are $50-75k/ea on a $500k raise so there’s going to be 7 of us and lenders don’t...
Newbie here. Reading books, articles, and forums. But how the heck did you guys do your first deal? Especially if you don't have the 20% DP. Anyone have any financing advice or a companies that offer an investment...
Interested in hearing from the people that have experience with lending funds (their own personal money) to other for real estate investing; whether it's for repairs on a property, initial capital to fund a purchase, ...
Although I have been a landlord for many years, I do have a question, A tenant is suing for a security deposit. The property is deeded to an LLC but the tenant made all checks from 2016-2022 including 1st, including t...
Hi all, have been educating myself for the last several months and thought I may have stumbled upon and interesting question, so here goes: when using my VA loan, I know I can eventually refinance to a conventional lo...