Personal finance doesn’t have to be complicated. Saving, investing, and retiring early shouldn’t be a stumbling path to wealth, but many Americans feel this way. So, to clear up some of the money misconceptions, we’re...
Brian Wert
Personal Loan - Bank
What is the best bank to take out a person loan to put a downpayment on a home?
Gregory Schwartz
Flagstar Bank requiring personal banking account
This is a new one for us.We received a notice from Flagstar stating that starting in January 2021 they will no longer be accepting mortgage payments from business accounts. We set up business accounts for each of our ...
S B
seller's personal banking details
I work for a large bank, and have access to everyone's personal finance data including information about their current mortgage.
An investor buddy of mine said something like 'What I wouldn't give for THAT kind of ...
Becca Flim
Business Bank Account vs Personal Bank Account
Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...
Shera Gregory
Step by step on how to buy from a wholeseller
I am an investor who has purchased several properties off the MLS through my real estate agent. I am now looking at some deals offered by a couple of wholesellers in our area. Since my agent will help to sell the...
Erik Stern
Chargebacks on a TX rental with Property Manager
Hi BP community! I need some help. I own a rental in TX and my property manager informed me that there were charge backs for payments between 4-6 months ago and are taking the funds out of my account. According to ...
Kyle Grimm
Bank needs personal financial statement
Hi everyone!When I go to the bank for a new loan, they require me to fill out a personal financial statement. I own more properties than what they give me room for on their spreadsheet. I am simply wondering if anyo...
Jim Vanhorn
business or personal banking account
So I am in contract on my first rental property. I went online and created an LLC with me and my wife as the members. I am hearing that insurance is more expensive when the property is llc owned and since I signed per...
Bill E.
Personal banking and investment property
I am going to buy my first investment property ( duplex,triplex,4) and owner occupy. Is getting a mortgage through my personal bank a bad idea? Could this cause any issues down the line?