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Hello,
Looking to do a deal with a relative that would like to front the down payment on what will be a rental. We have an LLC and business accounts established. The traditional mortgage broker we are using wanted to...
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Greetings BP community,I am getting ready to make some offers on a primary residence (first-time home buyer) that I will use to House Hack. My understanding is that it is NOT recommended to actually purchase the prope...
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Hi all,I have a potential sub-to deal I'm working on. The seller is aware of how a sub-to works and has concerns about the due-on-sale clause being invoked.If this were the case, I have a private lender that I work wi...
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I am a licensed General, Building and Plumbing contractor in the state of Florida. I have recently built and sold a successful plumbing company here locally and am looking to get back to my roots in the residential h...
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All, I am looking at closing on my first rental property in the middle of next week. I am finishing up insurance and looking to open a specific checking account for the property. I was planning on just using my normal...
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Hello all-
I tried opening a business checking account a few months ago and when asked what type of business we are, I said the forbidden "real estate investing" and was denied the opportunity to open the account. I ...
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My father owns two multi family properties and is partnered on a commercial property. He is retired and wants to let me manage his RE portfolio so he can enjoy retirement to its fullest without worrying about the hass...
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Hello BP. Just wondering if I can get some help finding a lender in central Florida for my specific situation. My wife and I are self employed in the trucking industry. We are looking for a conventional loan for a pri...
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I know I should probably consult a CPA on this but I'm sure there are a few that can share their experiences. I have a newly formed LLC that I will be using to hold my rental properties. Since I want to keep my busine...
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NJ landlords - what bank do you use to hold the security deposit for your tenants? Do you use the same bank (although presumably separate account) for your business checking/savings?