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Results (3,666+)
Michael Calvey When Tenants Turn Hosts: A jaw-dropping story about tenants secretly Airbnb-ing
2 September 2024 | 5 replies
Of course our landlord (and friend) knows what we're doing, and gave us consent
Ryan Gyllenband HELOC in Texas on Investment Property
4 September 2024 | 39 replies
(This requirement may be waived under certain special circumstances constituting good cause for a waiver, such as the loan being issued because of a bona fide emergency, with the lender obtaining written consent from the buyer to proceed with the loan without the disclosure notice.)The closing on a home equity loan must occur at a permanent office of the lender, at a title company, or at the offices of a lawyer.After the closing occurs, the borrower has a three day period during which the borrower may cancel the loan without having to pay any charge or penalty.
Lara Stuart Help! Trying not to commingle inherited funds within my trust for new LLC doing PML
28 August 2024 | 9 replies
I also have my revocable trust, so basically two trusts (separate trust and my revocable trust).  
Carlo D. Can't open a bank account for my newly formed LLC
26 August 2024 | 1 reply
I don't think opening a bank account will be an issue, you can likely open a trust banking account depending on the trust structure (revocable vs. irrevocable). 
Ron Brady Capital gains tax on LLC-owned inherited properties?
22 August 2024 | 8 replies
If you are doing basic vanilla estate planning, assign the LLC membership interests to a revocable living trust.
Gaurav Vedi How to create LLC/Scorp structure for Rental properties
21 August 2024 | 7 replies
-----------------------------------------------------------------------------------------------------------------------------------------------------------Parent Holding LLC (X)-----------------------> Revocable Trust                                       |                                       |                                       |_________________________________________________________________|                                            |                          |                               |Operating LLC (Y)        LLC1 (A)                   LLC2(B)                  LLC3 (C)1) Each rental property will get one Wyoming LLC (single member LLC) e.g.
Greg Neuman 3 month cash-out DSCR in WI
20 August 2024 | 10 replies
The LLC is owned by my revocable family trust that my wife and I are the only trustees of (have a certificate of trust that can be provided).* My insurance carrier does not accept escrow payments, so I would need a solution that wouldn't require escrow or something creative with the escrow.Property Details:Duplex located in Wisconsin (city of approximately 9,000 people)Purchase date:  05/10/2024Purchase Price:  $85,000Rehab:  $31,000ARV:  $140,000 (still need to have appraisal completed - this is based off of my comps)Projected rent:  $1,450 / month (just listed so no leases yet. 
Luis Herna Can some one tell me what things can be done to overcome Due On Sale Clause?
20 August 2024 | 45 replies
For purposes of this Section 19 only, “Interest in the Property” means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract, or escrow agreement, the intent of which is the transfer of title by Borrower to a purchaser at a future date.If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender’s prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument.
Jalon Wilson Best text message marketing apps?
14 August 2024 | 7 replies
Beware of using SMS marketing without prior consent.
Nick Zigler Adding tenants to existing month to month lease
15 August 2024 | 4 replies
Nothing herein shall be construed to imply that Owner/Agent will consent to any future change in residents.4.