HEY GUYS JUST WANTED TO KNOW IS IT POSSIBLE TO GET FUNDING FOR A LIVE IN FLIP IM CURRENTLY ONE SIDE AND WOULD LOVE TO REHAB THE WHOLE PROPERTY I GOT IN USING FHA ! CAN I USE A 203 TO FUND THE REHAB??

Upon information and belief, the member(s) of the Defendant have failed to observe any corporate formalities in that: a. b. c. d. e. f. g. 19.

The due-on-sale clause technically allows the lender to call the loan due if you transfer to an LLC, but enforcement varies.

Since the property is under mortgage, just transferring to LLC will most likely trigger the "due on sale clause".3.

Oh bud, I think it would do that we’re gonna need lender’s consent as well and that’s what I’m trying to prevent, but maybe they do it under them handle that part and then after the fact transfer it. 

Were the transfers from the tenant credit card or ACH transactions. 

Quote from @Rebecca E.: @Katie MillerI came here because I just had my yearly with my new accountant.

Hopefully I get a break from loans transferring to new banks/ servicers for awhile, I'm over it.   

Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.

As soon as the offer was accepted, we set up an LLC and transferred the contract over to the LLC, of which I am the sole member.