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Results (10000)
Sid Shankar Financing options for more than 10 rental properties
8 February 2020 | 7 replies

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

Daniel Dexter first purchase.
17 February 2015 | 9 replies

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...

Samuel S. LLC to personal name for refinance - insurance concerns
22 October 2019 | 9 replies

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...

Tyler Stephenson Bank to bank transfer limit?
16 June 2021 | 4 replies

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,...

James Masotti Paying contractors via wire transfer
20 January 2017 | 8 replies

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...

Megan Hirlehey Good banks to establish a business account with
15 November 2017 | 2 replies

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...

John Haveman Bank account for LLC with foreign member
12 September 2018 | 2 replies

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...

Taniya Lovejoy Debt to income ratio
1 September 2021 | 5 replies

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...

Ryan Keenan Quitting my job and the difficulty of getting bank loans?
24 January 2019 | 5 replies

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...

Thomas Lowe Mortgage approval issue
28 November 2021 | 3 replies

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...