Quick question. My bookkeeper ( not really understanding the rental business ) does not want me to put my income from my rental into my IT company. While I understand that it would be best to use its own bank account ...
Hello BiggerPockets Family.I am in the midst of closing a deal on a foreclosure that I intend to rehab and flip. This particular deal requires more cash in escrow then I have on hand so I went the business credit rout...
Hello glad i did find this forum a lot of great information here
Hope somebody can instruct me with my plan
Ok here is the story: I live in USA right now(USA resident) i have 3 houses in my area where i live that i...
Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...
All:I have used the commercial lending space to double my business in the last three years and wanted to share some things that I've learned about portfolio lending and smaller community banks. I currently have 7 figu...
I grew up in New Jersey and bought my first property at 18. I didn’t really understand how real estate transactions worked, so I went to the court house and watched several transactions occur. As time passed, I found ...
I have a potential tenant I'm screening who is moving from out of state for a job.
He has asked if there is another way to pay the deposit/1st months rent other than cashiers check or money order because his current ...
I am trying to set up a method for a real estate business I am loaning money to, to be able to pay the Self Directed IRA back. The bank the money is in does not use Zelle or Pop money. I need some method to set up t...
where are the best places to keep money while you are waiting to purchase your next property. I have some money sitting in the bank and I'm anxious to put it somewhere to earn a little extra income while I am waiting ...