When you're looking for a mortgage make sure you ask if the lending institution will do a quit claim deed and make sure they are ok with you transferring the property to an LLC.

First of all I am 60 years old and I found BP about 20 months ago while I was recovering from some medical issues.  

Given that only two of the three partners qualify for a loan, would a good strategy be for the two partners to buy the property (by obtaining a 75-80% LTV) and then quit claim ownership to an LLC that contains all three partners/members?

We are going to do a quit claim deed and move the property to a LLC after close (aware of DOS clauses).

We are going to do a quit claim deed and move the property to a LLC after close (aware of DOS clauses).

Curious how you did your taxes, did you still claim it as a primary or an investment property when you were in Asia?

I'm looking for a non owner occupied insurance carrier to cover the 5 bed room 3 bath home I am remodeling in cottonwood AZit is set up as a single family dwelling with a addition for a mother in law aptthe city will not allow me yet to be classified as a duplex but for all intensive purposes it is not sub metered sq footage 2864 with arcadia area in middle of homethe purchase was 70k owe about 46k on the property  and it sits across the street from the medical centerall new plumbing, electrical, drywall and heating/cooling unitstill under construction, will need about 30k to complete

Not sure what the legal issues would be if you had the insurance in your name and the property in the LLC and needed to file a claim.

In August 2016, I filed a small claims against a previous renter for damages.

Most likely path would be on the auto insurance however I would never file such a claim either way...