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Hi everyone,
I have historically been dealing only in 4 unit and under sized buildings. I am now ready and currently getting ready to offer on a 16 unit building near chicago. The problem is I have worked exclusively...
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Hello BP,I'm looking to open a new bank account in the Texoma area (North Texas). This account will be used for the purchase of future properties. Are there any banks that are more investor friendly, or that anyone wo...
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Hello all, I am not sure if this is the right place for this question, but I did not see another appropriate forum. Maybe a forum should be added for specific accounting/bookkeeping issues. I pay my bills with my cr...
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Hello,I'm seeking a HELOC for my condo and was wondering if anyone had recommendations for banks. I just spoke with Bank of America and it sounds like it will be a slog, like 8 weeks to close on it. Was hoping to clos...
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I am relatively new to real estate investing. I have flipped a few houses and have a 12 unit (low end) apartment complex. I would like to know how people, with multiple apartment complexes, set up their banking accoun...
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Hi! Thanks for reading this and helping. Can anyone recommend a local bank that you may have a relationship who I can work with me for a conventional loan on a duplex. With 25% down, the loan amount is only about $38,...
Im a FTHB and I put in an offer on an as is Fannie Mae home and the listing agent advised the bank will only accept offers at asking price and will not dewinterize. I made a second offer at asking price and offered to...
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Hey guys,
I have 3 properties on my LLC, i wanted to know, should i Open bank business account to pay property tax, insurance, property management and all other expanses ? Also to get monthly RENT from the renters
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Hey folks,
I'm thinking of switching all my banking to a completely online bank, Ally. Anyone else done this? I'm thinking that perhaps, because they are online only, I can do more from my house without alway...
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I'm curious I thought I saw someone say banks are checking to make sure you're really living in the building if you're claiming owner occupancy. Does anyone know exactly what they are doing to verify? Other than che...