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Results (10,000+)
Michele Hart Inherited a house with my 2 brothers
6 January 2025 | 9 replies
(To avoid months of probate and thousands if not $10’s of thousands of dollars in costs.)Hawaii is considered a "TOD deed state," meaning that residents can utilize Transfer on Death (TOD) deeds to designate beneficiaries who will inherit their property upon their death, allowing for a potential bypass of probate court proceedings.If she is already in memory care center.
William Taylor [Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.
Ryan G. Investment Property opportunity assistance
6 January 2025 | 5 replies
Confirm with the solar company if the loan is transferable and review terms carefully—it’s a potential hurdle with lenders or resale.A DSCR (Debt Service Coverage Ratio) loan might be an option since you’re focused on rental income.
Marc Shin Changing my primary mortgage to a HELOC
30 December 2024 | 5 replies
Quote from @Marc Shin: I saw a video by Miles Golden and he said you change transfer your primary mortgage to a HELOC, and then you can pay all your bills out of the HELOC and pay off your mortgage in 3-12 years. 
Doug Kirk Liens on a property and determining position
3 January 2025 | 8 replies
In my area, they charge transfer tax on the assessed value rather than the LOW sale price.
Steven Catudal Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this  for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties. 
Jay Hinrichs New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
The disclosure must include:1. that this is an equitable interest2. if wholesalers does not have legal title and may NOT be able to transfer title
Amos Lee Ohio or Vegas??
6 January 2025 | 8 replies
Don’t forget to pay your state of OH income tax, even on the formerly tax free money you are transferring out of NV in to a state with income tax. :-). 
Tom Hall is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
If you are buying another home, I think there are also ways to transfer your mortgage.We have mortgages that are similar to that in the United States but use different terms to describe them.
Aileen Ouyang Keep or Sell?
2 January 2025 | 9 replies
I see it that your first decision is; to scale (grow), to coast (doesn't sound of interest or else you wouldn't be asking these questions, right), to exit (cash-out) or to transfer