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Results (10000)
Account Closed Loan officer not communicating
24 March 2019 | 12 replies

I have a FHA loan pending with bank of America. I did inspections and appraisal. During the process, my loan officer resigned for family leave. The bank transferred my case to another officer. I spoke with the new off...

Serge S. Due on sale clause was called by bank!
28 April 2023 | 133 replies

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...

Tamera Muniz Mortgage company denied request to transfer property to LLC
1 May 2024 | 16 replies

So my husband and I bought our first investment property in November and Chase is our servicer. We opened an LLC to transfer the deed and have been working to get a consent to transfer from Chase. I just got a respons...

Aubrey Prado Lenders, first time LLC owners, and first time BRRR
2 June 2019 | 9 replies

Help! We are currently under contract for our first BRRR property. We recently established our first LLC to start putting our rentals into (we currently have two other SFR) but lenders don't seem to like the idea of l...

Rashid Khalil first deal plan, please analyze and rate the terms
28 June 2023 | 4 replies

Deal analysis ; please provide your perspective thanks .

SFH ask price 400k
Comp 390-410 for similar
A class neighborhood
Roofstock rating 5 star
House in market 60 days
Situation : divorce
Price reduced a...

Michael Klinger Business Banking Cincinnati
22 July 2018 | 8 replies

Hopefully not too off topic? I'll try to avoid asking "where does a multi-family investor buy a set of toe nail clippers?"But... I need a new bank where I can open up a pile of business cehcking accounts to operate Ci...

Patrick Wang LLC question and a few others
24 February 2017 | 3 replies

Hi guys,

I'm a first time investor and just recently bought my first home. I've scanned through the forums and couldn't find anything like my situation.

I had previously set up a dedicated LLC for the sole purpose...

Mark Rocka Can you BRRRR into an LLC?
23 July 2019 | 42 replies

I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...

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...

Trace P. For LLC must payments be made from LLC bank account?
18 November 2019 | 9 replies

Hi! If I set up a LLC to hold my real estate, must all my business expenses be paid via the LLC bank account for annual accounting purposes? For example, my air ticket expenses, food during my business trips, hotel, p...