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Ok, what are the differences of commercial vs conventional loans? Here's what I've surmised so far:Commercial: -have to put more money down (not sure what % though)-have to make/have a lot more capital-have to operate...
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I am starting my journey as a landlord and have read that it is a good practice to have a separate bank accounts for each rental property to make accounting easy. Any recommendations on which bank i should open an acc...
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I am a new landlord and my rental bank account is just starting to gain a little momentum. I keep it separate from my personal accounts. Apart from keeping what I need as far as mortgage, taxes, insurance, and cushi...
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Hello BP! I am currently in the knowledge absorption/learning phase of REI! I have been learning and talking with people for about a yr now and I plan to make a purchase this year. However I am a long way away from ma...
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I recently had a discussion with a few real estate investors in my local area about what the next steps they would take if they recently purchased a home with an FHA loan and are looking to purchase another but only h...
I’m trying to determine if their our any irregularities with the following. I rent under an LLC and feed under separate llc. However I use to rent from this guy whose legal name was on the lease. House was also under ...
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Hi! My name is Spencer and we are exploring options to protect our personal assets in a business partnership. We have explored the option of purchasing directly into an LLC and, as expected, rates are horrible from th...
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I am seeking investor friendly business checking accounts to host my RE holding LLC checking accounts. I am reaching out to the community to see if anyone has good suggestions after repeatedly getting burned by Chase...
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I currently have my business bank account with a large mainstream bank. My personal bank account is with a credit union I've been with for many years. I'd like to start greeting relationships with more local banks as ...
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I am going to be closing on a 3-plex with a VA loan in the next two weeks or so. I think opening a new bank account to receive the rental income is what I am going to do. I would like to make it a business account, ho...