Relay Bank Setup Guide - Full Instructions

Purpose: This document is to show you exactly what we require for your Relay account setup in order to receive your POF and funding for your deal.

You can click here for the video walkthrough of everything discussed below

Step 1: Apply for your new Relay account by clicking here

You will either sign up or login if you already have a Relay account
This account should be setup under the entity that is purchasing the property
You must use the above link for rapid approval and increased wire limits

Step 2: Click “Submit New Application”

Step 3: Fill out your business information exactly as shown below

Type of business: LLC

Legal business name: The name of your purchasing LLC

Industry: Real Estate

Describe the business: I rent out real estate to residential tenants.

Website URL: My business does not have an online presence.

Business Address: The address listed on your business filing

State of incorporation: State entity is in

Date of incorporation: State issued date

Number of employees: Just me + contractors or freelancers

What countries do you operate in: United States of America

Monthly revenue: $1,000 - $5,000

How would you describe the business cash flow: New business with unpredictable cashflow

EIN: **Your IRS issued EIN

**Complete the rest of the person application details and ID + phone verification

Step 4: Wait for email stating the account has been approved or requires additional info.

Step 5: Login and add team member. Click “Team” -> Add new team member

Fill out the information as follows:
- work email: [email protected]
- permission level: Administrator
- Then click "Invite"

Step 6: Change account phone number

Fill out the information as follows:
- Click Settings -> Phone number. Change it to (805) 390-5491
- Text us at (805) 390-5491 that you're changing the phone number and we will reply with the code

Once all of the above are complete, we will complete and send a POF bank statement for your lender and prepare for funding your closing!