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Updated over 8 years ago,

User Stats

35
Posts
7
Votes
Ivan Dudley
  • Charlotte, NC
7
Votes |
35
Posts

Family properties to start out

Ivan Dudley
  • Charlotte, NC
Posted
My mother has two properties that she inherited from deceased family members. After talking to her she is interested in receiving help seeing she wants to get the properties up to par and rented out. She is also interested in buying more properties and continuing this process after some talking from the things I have been learning up here and looking to implement. I already have an LLC that owns one property. One of her houses is free and clear and the other has a mortgage. How do I go about getting these two properties under my LLC. I was thinking about seller financing on the one with the mortgage and quit claim deed on the one that is free and clear. How do I go about getting financing for the repairs on both houses as well?