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Updated 8 months ago on . Most recent reply

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Kristin Johnson
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Info For Setting Up LLC Business Account: Is Online Or Local Bank Better

Kristin Johnson
Posted

My husband and I have an LLC for real estate investments. We have a business account with a local bank but we are looking at options that might be better for a real estate investment business as an LLC and that earns a higher yield. We are new and have one property right now but want to find an option that will grow with our business. As I have been researching options I have found lots of online options (Lili, Bluevine, etc.) but I am curious if it makes more sense to go with a local brick and mortar bank. I'd like to get feedback from your experiences with online and/or local options. Thank you.

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