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1 May 2024 | 3 replies
My two partners and I are trying to transfer the title of our investment property to an LLC, while maintaining the same loan.
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1 May 2024 | 16 replies
We opened an LLC to transfer the deed and have been working to get a consent to transfer from Chase.
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3 May 2024 | 8 replies
Title will just do it with a deed of transfer, super easy and we do it all the time.
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3 May 2024 | 1 reply
The HAP contract transfer seems to require prior experience.
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4 May 2024 | 28 replies
If I do pay myself, then when I need the money again to pay for upgrades and I transfer money from my personal back to my business, does that pierce the corporate veil (I have an LLC set up)?
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4 May 2024 | 23 replies
They don’t sell, assign, or transfer the loan.WellsFargo 60% LTV Up to 5 properties.Workers Credit Union, MA 80-100%WSFS...up to 70% on rentalZions Bank, Utah.
3 May 2024 | 7 replies
You are basically saying that you would like to transfer the long-term maintenance and upkeep issues that are coming soon to a new owner.
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2 May 2024 | 10 replies
Transferring the conventional mortgage to the LLC afterward will, in many cases, trigger the due on sale clause which will cause you to go get the commercial mortgage anyways.The DSCR loan could be an option.
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6 May 2024 | 65 replies
I’ll still rely on step-up basis to transfer wealth, but I’m setting up the portfolio for the flexibility to be easily liquidated, or sold In tranches to efficiently trim.
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3 May 2024 | 4 replies
If you have a loan, you may wish to look into due-on-transfer clauses.