All Forum Posts by: Handel Carter

Definitely @JH Bridge. I appreciate all the input I’ve received. Can’t thank y’all enough. 

The apartment complex is behind my neighbor and I. We have no issues. The apartment complex is saying that a corner of my driveway is on their land per a survey they did. The complex was just sold to this person. My neighbor is the one that’s been there 30yrs and is saying everything has been the same way it is now. He’s seen my house get sold 3 times and again, nothing like this has ever come up. It’s this new owner of the complex behind us that’s raising this issue. 

It doesn’t impact them at all. Which is why my neighbor and I are confused. Someone or company just purchased the apartment complex behind us. There is nothing but land separating our properties. My neighbor is telling me that nothing has changed in the 30yrs he’s been there. The amount of property that the new owners of the complex are disputing is such a negligible, angled piece of land. 

Many thanks to you all for taking time out of your day to address my problem. 

The lawyer works for the company that just purchased the complex behind my neighbor and I. The neighbor couldn’t grasp what I was telling him at first. He said I’ve been here 30yrs and watched it sell 3 times and that’s never changed. 

Agreed to all. Thanks for taking your time to respond. 

I plan on getting in touch with the company that sold it to be to ask about that very thing. The only history I have is the year that I’ve owned the house. The neighbor has been here for 30yrs and said it’s always been as it is. 

I got a letter from a lawyer that part of my driveway is on his clients property. When I purchase the home, the driveway was paved. Has been for 30yrs I’m told. The letter says my options are return to prior state, which to me is nothing but what I see, pay lump sum to purchase or lease it. Is this on the real estate company that sold me this? I’m not paying for something I didn’t do, nor just going to lay down to losing part of a driveway that was sold to me. Any thoughts?

I'm thinking of purchasing a 2-4 unit property as an owner occupied property. How long do I have to wait, if any amount of time, to do a quit claim deed of the property to my LLC? Is this how the house hack works?

Originally posted by @Garry C.:

After forming my LLC, I quit claim deeded my property into it. So it's like I GAVE it to myself. Except it's not, because an LLC is not you, or any of the managing partners. It is a separate entity. A different person, if you will.

There may be a simpler way, but you won't always get things right the first time. You're taking ACTION, that's what's important. Maybe you'll help this lender learn something too. Or maybe you'll look for a new one in the next deal.

Thanks so much for your response. That sounds more like what I've been reading around the bp community. The LLC is separate. I'll definitely bring that up to him. I'm hoping everything works out well with this one but I've seen on here that lenders generally don't like dealing w smaller numbers, such as this. I may have to continue looking if that's the case.