So I have over 200k in equity and I am thinking about taking 120K HELOC to do a BRRRR. I know a lot of banks offer HELOC’s but is there any of them that you recommend? Have you been working with a lender in LA COUNTY ...
Hello, I am purchasing 3 properties on one parcel that a bank foreclosed on: 2x SF homes and 1x duplex. We agreed on a great price for the area. However, the broker sent me a PSA used by the bank, and there are a lot ...
Why am I having a problem opening a business bank account for my vacation rental property? I have ALL required credentials, llc, business license, etc. Denied twice. I'm using my ein, it's a new business, I have no n...
I own only one rental property which was used with a VA Loan But got married and had to move out of state and I’m now renting that home. I’ve read a bunch of Real Estate books saying how important it is to have a busi...
Does anyone use whole life insurance as the infinite banking strategy for their real estate deals? I'm trying to decide whether or not I should use it but there's so many people that say not to. I'm not sure what to do
I have a Business account with bank of America. I recently closed on a small investment property in KY. I wanted to keep all my income and expensive for this property in this 1 account. Since the account and the pr...
Hello! Just wanted to hear from the community and get some other perspectives.
I recently purchased my first home, its a duplex. I plan on house hacking and was wondering if I should open a new bank account solely fo...
Hello BP. Hope everyone had a wonderful holiday. One of my NYR is getting more involved with REI and BP forums, so here it is.How do you guys manage your REI bank accounts?From what I understand from previous discussi...
Hello--we are two OOS investors completing our first deals in Boise (a fourplex and a triplex); one should close this week, and the other before the end of the year. We are currently going through a mortgage broker, ...
Any other local Outer Banks investors - let's connect! Contemplating setting up a local meet up with other investors / realtors / self managers