All Forum Posts by: Andrew Vincent

I would love to connect! I am a Realtor in Michigan and I would love to be apart of your real estate investing team. Let me know if you have any questions and welcome to the REI world and Bigger Pockets

I am a Realtor on the east side of Michigan so if you want any help looking at homes or deals give me a call. I can help you out with your real estate questions you may have and if I can't answer it then I defiantly know someone who can.

 Thank you for the recommendation I'll try and get into contact with them!

Thank you! I tried searching for it a bunch of different ways but it was only bringing up older ones for me. Much appreciated for sharing those!

I have been going thought BP and I have been struggling to find a current forum post about people dealing with due on sale clauses being called on and what others have done to avoid it happening. I understand that its always a possibility for a bank/lender to do it. Is it an issue for an LLC transferring to another LLC? I want to know what others have experienced with this and how a seasoned investor handles them. I look forward to hearing from this great community.

Has anyone ever had trouble with transferring a homes title via quit claim and had the bank try to collect the total left on the loan? I have spoke with a lawyer and they said that clients of theirs have done quit claims to move a property into an LLC and they have not had an issue with the banks. The lawyer basically said it was a risk that he has seen people take and be fine. We are doing it this way as we want to move any properties we purchase for REI to an LLC to provide ourselves extra protection. Please let me know your personal experience with doing quit claims and if there is anything we can do to lessen our risk with the due on sale clause.

This is great stuff! Thank you very much for the help! 

Hello BP community! I wanted to gather as much information as I could with taking on tenants when purchasing a rental property. I know it can be a nightmare with some and super smooth with others. I was curious on what are some steps to make the transition go well? what are some questions that I should ask/ info i should get before purchasing? What are some tips you could give that you have used or witnessed that made the process feel seamless? Thank you all for the help in advance! 

I have not invested myself but I am a Realtor in Michigan! I would love to help you out with any questions you may have about STR's in Michigan even help you purchase one if that's what you are looking to do.