Benjamin Ellis
Personal vs. Business Checking Account help!!!!!!!!
Hello BP'ers:I am in the process of starting out as a wholesaler. While I haven't completed my first deal yet, I want to start to set different things up that are associated with my business. I know that I need to k...
Nadav Swarttz
Getting Around the Due on Sales Clause when Moving to an LLC
Hi all, I'm looking to begin investing in the Boston area (Medford, Malden, East Boston, Dorchester, Quincy) and have a partner lined up. We're currently working on the partnership structure and trying to iron that ou...
David Roberts
Accepting Rents
I was just going through one of the How To Guides and it came to the topic of accepting rent.It suggests not to take cash or personal checks, especially at first and only accept certified funds. I have 1 rental with ...
Jeremy Karja
Do I need and can I get a construction loan?
I am putting in a PA for my first flip and using personal finacing and hard money to get it done. My question is with hard money being so expensive should I be looking for a bank for a construction loan for the 50k ...
Nick Marshall
Structuring an LLC with private money lender
Hi everyone,We are working on our first deal and after sitting on the sidelines for a while and reading all thing BP, we are very excited to have our first offer accepted! We are looking for advice on how to structur...
Josh Collins
Can I use Self Directed 401K proceeds to invest with a partner?
I am looking to take checkbook control of my past 401K and other retirement funds. I am looking to invest $125K with two other partners who plans on investing another $350k into a $800k property. The property is a s...
Martin Yip Toll So
Approved for a loan. Let's see if any lenders here can beat this rate!
Hey guys,
I'm an out of country investor (let alone out of state) from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA (a subsidiary from RBC Bank Canada).
The loa...
Brian Irk
Transferring Title to an LLC
Hi BP friends,
This is my first post. So I’m looking for some advice. My wife and I are currently small investors. We do currently have an LLC setup but after going to refi some cash out of one of the homes, I realiz...
Duane Whittaker
About having a checking account for your LLC
Is it better to have your checking account for your LLC at the same bank as your personal checking account or is it safer (as in if there is ever a lawsuit) to have it at a bank that is completely different?
Kevin Kelliher
Business Checking Account with International Business Partner
I am 1 of 3 members within a Series LLC and we purchased our first rental a month ago. Having issues finding a bank which will allow us to open a business checking account without each member showing up in person at t...