Jamar Arbelo
LLC Credit
Has anyone ever obtained financing in a business name (LLC) without using their own personal credit? Do you know of anyone who lends lines of credit to businesses without personal guarantees?
Mike Jones
EIN# for Property LLC under a Holding LLC
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
Tyler Relph
Financing Impact on Personal Credit
So, I've listened to about 100 BP podcasts and am beginning to develop a mind for real estate investing. I understand and love the idea of the BRRRR strategy, but I'm getting hung up on a mindset thing here. If I ha...
Account Closed
Legal Set Up (Entities, Bank Accounts, Leases, Title, etc)
My set up has gotten a little out of control. Here is what I have:3 rental properties all with my personal name on title3 mortgages in my personal name (banks wouldn't lend to my LLC)3 Bank accounts (in my LLC's name)...
Ed Grogan
SDIRA Friendly banks
I am looking for SDIRA Friendly banks for deposit accounts that will also provide non-recourse loans.
Brad Nelson
Tax filing question - LLC funding vs. personal
Hello, Am closing on a property next week.My LLC's business bank account outbound wire fee is $78 versus $25 if wired out of my personal account at a separate bank, where it's sitting in a line of credit. $53 differen...
Rafael Ortega
Buying Real Estate under LLC or your name
Hi Team,
I have two properties under contract ( single family homes). Should I buy them under my business name LLC or just under my name? these will be my very first rental properties. I will use hard money lend...
Stephanie Birkhimer
Questions for the bank
My boyfriend and I are going to the bank on Saturday to ask about financing options. We are planning to go about this individually because we have drastically different finances (income, debt, other expenses). In gene...
Jason Shackleton
Foreigners investing is U.S property (Best bank account to use?)
For those of you that are investing in U.S property as a foreign investor what U.S based bank account are you using? Please specify the country you are investing from so that others from your country can follow your ...
Kosh Vokter
Rent collection - safe collection methods
For making rent payment, tenant prefers to use Paypal with a business transfer (and not a person to person) option and Paypal charges a fee for that. To avoid that I suggested that they can make rent payments through ...