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All Forum Posts by: Ari Dandridge

Ari Dandridge has started 2 posts and replied 2 times.

Hello Bigger Pockets community! I have a question for anyone who's willing to answer. I'm concerned about which bank I should use for this business LLC. I'm currently leaning toward Chase Bank with US Bank as a close second. Unfortunately I've heard that US Bank gets tricky when moving large amounts of money so I'm wary of working with them. I'm also crossing Fifth Third off the list of banks I want to use because I don't believe they are user friendly.

If anyone has recommendations or advice it would be much appreciated.

My business partners and I are wanting to do the BRRRR strategy but we have a concern that comes into play more long term.

let's say we buy a property refinance it and do a HELOC on that money we get from the refinance. We then use that money on another property. And then we try and repeat the process. At what point are the banks going to say "no you have too much debt in houses"

Is this a valid concern?