Kelvin Lee
Since when the landlord becomes the tenant personal banker?
http://northwestapartmentinvestor.blogspot.com/201...So now does the landlord is obligated to shop for the bank bearing highest interest for the tenants? Or the landlord will be penalized if fails to do so? How about...
Jim Vanhorn
business or personal banking account
So I am in contract on my first rental property. I went online and created an LLC with me and my wife as the members. I am hearing that insurance is more expensive when the property is llc owned and since I signed per...
Bill E.
Personal banking and investment property
I am going to buy my first investment property ( duplex,triplex,4) and owner occupy. Is getting a mortgage through my personal bank a bad idea? Could this cause any issues down the line?
Sanjeet Dighawa
Business Vs Personal Bank Accounts
Hello,I am new to real estate world and working on closing my 1st deal thanks to all the tips and tools shared by you awesome folks here!Please help me with this - is it important to open a business checking account f...
Gregory Schwartz
Flagstar Bank requiring personal banking account
This is a new one for us.We received a notice from Flagstar stating that starting in January 2021 they will no longer be accepting mortgage payments from business accounts. We set up business accounts for each of our ...
Account Closed
Separate Personal Bank Account for LLC
Hello everybody,I was wondering if anybody knows if i could assign one of my personal accounts to my LLC and just use it for LLC purposes? or do i need to open a brand new account?
Bridgett J Bell
DSCR Loan docs question
Hi
I applied for a DSCR loan to cash out on a free and clear 4plex held in an LLC but the loan officer is asking for my personal bank statements, personal home mortgage statements. I don't understand why I need to su...
Becca Flim
Business Bank Account vs Personal Bank Account
Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...
OUSMANE BANGOURA
Best Way to Get Pre-Approved
I have great earnings from my 9-5 job so I'm wondering what is the best way to get pre approved, should I go thru the my personal bank? or look for outside resources. Also have a decent credit, thanks in advance.
Alejandro Ferrer
Advise on how to Collect rent
Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform...