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All Forum Posts by: Wei Wang

Wei Wang has started 1 posts and replied 4 times.

Post: Pull properties into LLC

Wei WangPosted
  • Seattle, WA
  • Posts 5
  • Votes 0

@Michael Plaks

That’s great. Thanks a lot.

Post: Pull properties into LLC

Wei WangPosted
  • Seattle, WA
  • Posts 5
  • Votes 0

@Michael Plaks

Thanks anyway. I'll update my profile.

Post: Pull properties into LLC

Wei WangPosted
  • Seattle, WA
  • Posts 5
  • Votes 0

@Michael Plaks

Thanks for your reply. I'm pretty new to BiggerPocket. Not sure if there is a way to disclose my state in the settings, but I'm in WA.

Would appreciate it if you know how to exactly do it in WA. At least, it's very interesting to know the story in TX - I will read the article. Thanks

Post: Pull properties into LLC

Wei WangPosted
  • Seattle, WA
  • Posts 5
  • Votes 0

I'd love to learn what everyone's strategy (or detailed steps) to pull a property under your personal name into an LLC. What do you do if the property has a mortgage with "due on sale" clause? What about the property you are going to buy? What type of mortgage do you choose? How do you choose lenders?

Thanks a lot.