Some time this year I would reach 10 rentals. Wanted to seek advice on financing more than 10 rental properties. Is there a portfolio lender I can go to? Any suggestions ideas?ThanksSid
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banks are closed today (presidents day) but I found two properties that are exactly what I am looking for. My question as a first time buyer how do we buy these homes through an llc. I'm guessing the banks are going t...
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Hey BP folks,
So I recently refinanced a property out of a land contract, into a 30 yr bank note. I originally purchased the property in an LLC, and the insurance was also in the name of the LLC.
Due to the bank req...
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My bank, we will call 'local bank', has a transfer limit of $6000 per month, in or out as a bank to bank online transfer limit. I've contacted them and they have to get management approval to transfer more than that,...
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My contractor is asking for payment via wire transfer. Is this common practice for investors? I don't have an issue paying the fee on the larger draws to make sure he gets paid faster (I'm an hour away and sometimes t...
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Can anyone recommend a good bank in the Pittsburgh Area to open a business checking and savings account with? My personal accounts are with an online bank, but I️ was thinking for a business account it may be better t...
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Hi everyoneI need a reference for a business bank account for my LLC.As a non-U.S. citizen (South African/Netherlands), I am the sole member of a GA LLC, which owns a property in Atlanta.I am looking to open a bank ac...
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What if your debt to income ratio is too high and you cannot get a loan from a bank. If you get a loan from a private lender and then when you go to get a cash out refinance on a rental property can you run into issue...
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Hey BP, everyday I'm at work I think about not being here and what it would be like to work for myself and even the ultimate goal of financial freedom. I've been thinking about quitting my job and buying a buisness po...
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So I’m trying to get approved for a conventional loan for an investment property. My wife and I have a joint bank account, And she also has her own personal account. I’m trying to transfer money from my wife’s persona...