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Results (10000)
Tracy Williamson Private, Conventional & Commercial lending
8 May 2023 | 3 replies

Why is it so hard to get funding strictly in your business name? Is it required to put down your information alone with your business information? I am starting to hear banks ask to run your personal credit alone with...

Corey Norman Pre-qualification with multiple banks - credit score hit?
15 March 2020 | 1 reply

We’re thinking of getting a personal loan from *another bank for mortgage for our own home (just moved). Does our credit score get hit multiple times if we inquire from several banks/lenders? *Currently have a constru...

Luke Ostergaard Checking/Savings Account for Rental Property
12 May 2023 | 13 replies

I have seen several different opinions on this matter but I wanted to get some up to date recommendations. I am working on acquiring and moving into my first househack (2-4 unit property) sometime within the next 3 mo...

Ingrid Nagy I'm not accepting cash anymore
12 August 2009 | 26 replies

This is now 3 times I have accepted cash for either security deposit or rent and have gotten burned. I'm sticking to money orders!!! $300 in counterfeit bills - the bank took it - photocopied it so I could have a co...

Riggies B tang Question on bank LOC
23 December 2019 | 3 replies

I heard a while ago in BP that some local bank offer a LOC in the amount up to or a good percentage of the deposited balance in the checking or saving account. Is this true? Do you know of which bank offer this progra...

Ed O. Starting out - Avoid Bank of America
13 May 2024 | 25 replies

Hoping to help some newbs avoid some serious banking pain. This is one of many disasters with this bank that I have been involved with. I just spent 30 minutes helping my plumber try and get funds from a job. He depos...

Ted Tronnes Refi within BRRRR strategy using all cash for initial purchase
2 May 2019 | 2 replies

I have some cash to buy, but want to recycle much of it and continue to buy more. BRRRR appropriate strategy, howev I'm unclear about any limitations to the refi part of BRRRR. Specifically, does refinancing after a c...

Michael V Will this work?
29 August 2007 | 4 replies

I have been thinking about this for the last 30 minutes, so I am probably wrong about my calculations.

First, set up an LLC.
Then, get a checking account at a bank and get a line of credit from them... say $100,000 a...

Ben Williams Polling on "Due on Sale" being enforced after transfer to LLC
15 September 2016 | 95 replies

Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...

Chasing Vega liability question when i transfer the property to an llc
7 March 2021 | 9 replies

if I take a mortgage in my name and transfer the property to an LLC which I am not a member of , I am liable for the the tenants or would the person who owns the LLC be responsible if the llc is pierced?
Do I need an...