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Results (1544)
Andrew Nolan Other loan options outside of traditional mortgage broker.
24 June 2018 | 3 replies

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...

Daniel Hoop Utilizing an LLC for House Hacking Revenue & Expenses
24 November 2021 | 1 reply

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...

Kenneth Sok Due-on-sale clause affects credit?
13 November 2015 | 3 replies

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...

Joshua Shrock Hard Money vs Private Money Option for REI
6 August 2020 | 3 replies

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...

Joseph Crunkilton Bank Account for Rental Money
31 May 2020 | 4 replies

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...

Torey Henderson WHAT IS THE PROPER WAY TO OPEN A BUSINESS CHECKING ACCT AS A REI?
20 February 2021 | 5 replies

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 ...

Alex Krik Portfolio Expansion and configuration
24 February 2021 | 1 reply

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...

James Johnson Conventional financing for primary residence in Florida
11 April 2016 | 5 replies

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...

Jason D. Funding my LLC, need advice.
14 August 2017 | 3 replies

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...

Monica Chan What bank for NJ security deposit?
13 September 2018 | 10 replies

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?