All Forum Posts by: Stipe Ba

Thank you! recommend a loan officer? 

Anybody have any experience with cross country mortgage on investor SFH loan ?

Anybody have any experience with cross country mortgage on investor SFH loan ?

How do you like the mentor area to rent ?

@Michael Swan

I use State Farm . Never any issues

@Allen McGlashing

@Jon Rusnak

Yes that is true . Their is a clause in your loan. From what I have read I have yet to see anybody get their Loan pulled for that reason.

@Alia Ali

Yes I have one in Ohio city. Gordon square is a good area too. You’d like to be as close as you can to w25 and north of the freeway .

@Alia Ali

Cleveland. West side . Ohio city and down Detroit . A lot of upcoming areas and Cleveland offers appealing tax abatements

@Todd Rasmussen

Wow thanks for the info. Did not know that. The mortgage companies never had an issue when you transferred the titles over ? Also what do you recommend for the Umbrella coverage amount?

I have two rentals which were originally home owner occupied homes. They both have mortgages in my name and was considering transferring the title in a LLC for liability purposes . What does everyone recommend ? Should I leave them in personal name and put a umbrella coverage on them ?

My other concern is will this be a issue getting additional properties if mortgages are under my personal name and the properties are in llc ?

Opinions ?