All Forum Posts by: Carlos Rovira

Solid flip. Congrats!

Marissa Mallamo I love HELOCs. They are extremely flexible and can be reused over and over as a buying tool. You can buy with the HELOC, refinance the property, and do it all over again. Adam B. I had the same issue with finding a Bank that would do them. I am currently working on one with TD Bank. Only catch is that property cannot be titled under an LLC (has to be your name). PM me and I can give you my contact there.

Theodore B Brown Let's connect. We seem to be aligned as I also own a web design company in MIA specializing in doing work for the re industry. Shoot me an email or PM when you have a chance.

Welcome to BP Kevin K. Investor and broker here always looking to connect. Feel free to reach out.

Welcome to BP LaTasha Belcher !

Welcome to BP Brad Hankee

If property is titled under your name, you only need one account. If you title in an LLC, you'd need one account per LLC. When you get into the world of commercial loans, most banks nowadays are requiring you to open a checking account when they finance a property for you, so you'd end up opening a checking account at each financial institution that provides you with a commercial loan (i.e. Per property).

Skyler Marinoff happy to connect!

Welcome!

I wouldn't buy a condo at a 6 cap. That's too tight for me, given the lack of control. The smallest assessment will kill your cash flow.