Nicole Heasley Beitenman
Will the bank go for this arrangement?
I'm trying to get a 6-unit apartment complex. I can't technically afford the down payment. I'd like to get the sellers to finance the down payment. I have some money sitting in my account that I received from a HELOC ...
Account Closed
Need Some Bank Suggestions
Thanks to @Dmitriy Fomichenko and Sense Financial, I have established my solo 401k retirement account. I now am looking for a local Bank establishment that will allow me to open a Company Retirement Account. I was pro...
Account Closed
Title Commitment
Locked in on an REO property. Closing set for next month. The Title company now came back with a Title commitment that shows the previous owner has some Criminal Restitution Judgement.Bank is proposing a RE - FORECLOS...
Heidi Rogers
Warning about Electronic Rent Collection
I haven't seen any negatives mentioned about having tenants drop off rent payments at the bank, but here's something to think about. My uncle set up a Deposit Only account at Wells Fargo authorizing a real estate clie...
Alex Wong
Chosing the right Bank in Baltimore
I am interested in finding one bank in Baltimore that I want to partner with. With so many options, I would like to know your opinions. Below are my criteria.1. Allowing me to put in less than 20%.2. Not selling my lo...
Toby Munk
Bank Motivation as Crisis Worsens
Here my thoughts. As more and more home owners find themselves in negative equity territory banks have every motivation to negotiate.
I also think that a large percentage of the home owner population would rather avo...
Brent Zande
Preforeclosure Listing Services
I need a little help. I am searching for a preforeclosure listing service that will provide information on the loan, loan type, and amount outstanding. I am in Charlotte NC and I know there is a local source for thi...
Tony Lopes
Best method for rent collection
I'm curious what methods other landlords use to collect rent each month.I like collecting rent in person each month because I get to see my tenants and make sure the property is in good order. But as I grow with more...
Joseph M.
Do you use a separate LLC for each investment property?
Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
Christopher R.
One LLC or Many LLCs?
Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...