Hey everyone, I've been told a million times to start running my income and expenses through my LLC. What is the purpose of this? I am worried about running it through my business and then becoming less "bankable" to ...
I am 22 from Oregon. I own a painting company and have no employees right now, i work 50 hrs a week for myself. I have about 8k saved for a duplex (or another small multi-family) and i wanna know where i should get my...
I do all my personal banking and insurance through USAA. So today I called them to get a quote on the duplex I'm in the middle of purchasing, and even with a $10k deductible the monthly premium was almost $200.00, whi...
I had heard a good tip from an investor to get a copy of a new contractors bank statement to provide proof that they aren't paycheck to paycheck GC's. Anybody else on here do that or have heard of doing that? Won't...
Hey all, I just started on the BP forums here and have already learned a wealth of info but as always, every situation is unique, therefore i'm reaching out for advice.
My situation is as follows:
1.Mortgaging my pri...
This is probably a stupid question but I keep hearing get your finances in order but I not exactly sure what people mean by that? Another question to get pre approved to purchase my first property where would I go to ...
Hi all,I am closing on my 2nd duplex in December and want to stay organized. Curious to see how people stay organized from a financial standpoint with tenant security deposits and separate banking accounts. Right now ...
I have been trying to get into the action phase of wholesaling. I have been searching for addresses, driving for dollars, and gathering as much information as I can. I am just wondering about some of the (very) basics...
Here's my situation
I've spoken with three different lenders but seem to be getting a lot of conflicting answers this year with covid and everything.
1. Some have told me Fannie Mae requires 15% down on MFH and does...
Hello everyone,
I am sure this have been said before but I really wanted to get details on a few personal request about it,
I do have an investment house I bought 3 months ago (A), I am going to flip it very soon ...