29 October 2025 | 16 replies
I would recommend one bank account and credit card per LLC.
30 October 2025 | 11 replies
Quote from @Donna Johnson: Any pros/cons for setting up rental property checking account with local bank vs. other national banks to receive income and make payments with my newly acquired out-of-state property?
30 November 2025 | 6 replies
Wh can't you have tenants:1) Deposit to your bank in person?
1 December 2025 | 14 replies
@Andrew SteffensNo lender is going to take a mortgage on an overseas property because they don’t have the infrastructure (nor the willingness) to try to repossess the property in case of default and even the largest international banks won’t do it.You might hear that somebody in the US got a loan in the US to buy a property overseas but that could be because they gave a US property as collateral or any other collateral or it’s a company that has a strong balance sheet and took an unsecured loan but that would likely defeat the propose of the original poster.If you know of any lender who takes an overseas mortgage as sole security for the loan, let me know as I’d be very interested but I’ve worked in the banking industry across the work for many years so I know that, if ever there was any, it’d be more the exception rather than the rule.
28 November 2025 | 3 replies
But can you use that 30% discount as an asset to get the bank to give you a loan.
3 December 2025 | 7 replies
Considering this is a commercial loan, the 36% down payment may actually be similar to what a bank would require anyway.
1 December 2025 | 14 replies
This is our first time using a DSCR and I’m not aware of any local banks that do them.
28 October 2025 | 9 replies
If they have a storage locker, that’s even better.
30 November 2025 | 38 replies
I understand it is linked to a bank but was having trouble discerning how it imports outside transactions not from the partner bank.
30 November 2025 | 5 replies
I am surprised you found a bank willing to do this.