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Updated over 6 years ago on . Most recent reply

User Stats

763
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Karl McGarvey
  • Real Estate Agent
  • Houston, TX
500
Votes |
763
Posts

Funding Your Investment

Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Posted

Morning!

We are a few weeks away from closing on our first property. My “plan” is to open a separate checking account for all things that involve this property which will be tied to Waveapps for accounting tracking. This part seems pretty straight forward. But what about recording your initial deposit into that account and injecting money monthly from my personal income? Goal being to grow a reserve fund and enough for another down payment. Want to make sure I am not crossing lines here (obviously a CPA question, but love hearing from others experience).

Thanks!

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