Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a Corporate Entity, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
I suspect that DSCR lenders are more likely to exercise the DOS option when transferred.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
The way we process distributions is once they submit a request, they must fill out a redemption form from our transfer agent (who holds the shares/ manages cap table).
Jae Yoo
Help finding a lawyer to proceed against a bad property management company
17 December 2024 | 4 replies
You may need to seek legal counsel on this.2) Get all the info about your rental property as possible: leases, rent ledgers, tenant contact info, etc.3) Start looking for a new PMC4) Execute your termination notice5) Once transfer is complete, circle back to decide if worth suing them.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
@Jonathan Greene @Jay Hinrichs @Nicholas L. short sales are almost always done through RE agents and are a major pain the butt if the lender servicer wont respond in a timely fashion.Pre foreclosure you dont use and agent but if your talking NY I think and not totally sure but I think only an attorney can draft the Deed transfering title .
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
Transfer these pics to your computer.
Karen Ness
Looking for creative ideas
18 December 2024 | 3 replies
Could you gift the down payment to your mother in law so she can buy it and then transfer title to you when your house is done?
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
This is another reason why I see 1M posts on hear about people wanting to transfer properties to their LLC because some guru they paid $5k told them too.
Shaun Ng
To help update deed records following a legal name change
18 December 2024 | 4 replies
I would still work with a title company on this and let your lender know (if you have one) of the name change and what you are doing so they do not think you are selling the property.Another option would be to create a living trust for estate purposes and transfer it into the estate.
Michael Le Blanc
Fredericksburg, TX - Short Term Rentals (AirBNB/VRBO)
15 December 2024 | 9 replies
But they are working hard to try and make the permits non-transferable.