Yash Bajpai
out of state investment - lender qualification?
I am looking for out of state MF or small apartment complexes. My question is what are my options for financing such commercial properties?Do people have success going to a small local-to-property bank to get financin...
DAVID GAGE
People giving insufficient info on applications
I've started using the application off of BP because its so complete and thorough. Since I've been using it I have handed out a dozen or so and have only had one person fill out the entire app. . One lady was even app...
Lakshay G.
Getting a loan -Local Bank/Out of state Lender
In order to get a loan, should I go with a local bank or a major chain bank (PNC or Suntrust that I currently bank with) or should I go to an out of state lender that has excellent reviews on Zillow. The loan is not f...
Mark Spivey
Financial set up help
I'm starting to shop for multifamily properties in the Phoenix area for my 1st purchase. I'm trying to figure out how to handle paying the bills etc.
I don't want to mix my personal finances with my investments. I ...
Juan Ayala
LLC Title Holding/Financing
How does the conversation go between Lender and customer when asking to have the investment property placed under the LLC financing?
Snehann Kapnadak
Chemical Bank + LLCs?
Hi All,Hope you're ready for the upcoming week!For anyone who's worked with Shawn Huss and team at Chemical Bank, do you know what their policies are with transferring title from a personal account to an LLC? I doubt ...
Andy Prince
Setting up Bank account for rental!
I am about to acquire my first rental (4plex) multifamily unit. (this is a seller finance deal) I need some advice on the best way to separate the money I need to save for operating expenses, from my cash flow. Should...
Amelia Cooper
POI for ReFi?
I am running into an issue getting a HELOC on my primary. Although I have $300k+ equity, $2M in business assets, absolutely 0 debt except for my current mortgage, and a credit score so clean you could eat off of it, t...
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
The House is not under an llc. Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)m...
Ryan Pritchard
Transferring Properties to LLC
Hello Everyone,
I am looking to get some advice from some more experienced investors. I have three rental properties that I would like to get moved to an LLC and out of my personal name. However, when I checked with ...