Josh Finigan
Real estate investing & choosing a bank :)
Hey guys,
I have been doing research on the best banks for real estate investors and I see that many people favor local banks or credit unions- where they can create a relationship. My biggest question is: when you...
Shanequa J.
Pre-foreclosure: Taking over payments?
If I found someone who was going to lose their house and I agreed to pay all the back payments in exchange for the title, would the bank really care if I started making the payments and that the title was transferred?...
Egemen Toprak
Sales History of Property $100
Hello everyone, Sales history of many properties on Broward County Appraiser's website is $100. Why ? Does it mean the property bought from auction (foreclosure) ? Thank you
Mark Updegraff
Anyone have their tenants using "Bill Pay" to electronically pay rent?
My tenant recently requested my bank info so he can do an electronic rent payment. I'm guessing he will need my routing number / account number. I'm hesitant to give it out without first consulting here. Anyone kno...
Johnathon Jenkins
LLC or keep in own name?
I have a few personal conventional loans on some rental properties under my own name. I would like to put them in an LLC but I believe there is a “due on sale clause” or even transfer which I’m afraid of losing my 4%...
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...
Josh Whitney
Using Land Trust to Protect From "Due on Sale" Clause
Im curious to know if using a land trust is still an effective way to protect yourself or get around the whole "due on sale" clause when buying subject to? If not is there a more recent method that people are using.
Curtis M.
How do your tenants pay you?
My tenants currently use cashier's check or money order. Is there an online way such as cash-app or anything that will allow me to collect payments that are over 500?
Jesse Mercer
Any online banks that use Zelle recommendations?
Long story short, I ended up renting out a property I own outright in March '22. I currently accept rent payments via Zelle into a personal account at Wells Fargo, but I want to set up a business account with my LLC t...
David Pimenov
Blaclisting someone such as dubai...?
If the u.s. government has blacklisted Dubai, UAE, what does mean if its an offshore banking center? If so, why? Would someone returning to the us from Dubai with money to declare arouse suspicion assuming its a lot o...