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2 February 2025 | 4 replies
So, transferring title to an LLC is a transfer as defined by most mortgage or deed of trust documents as a trigger of the so called due on sale clause.
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5 February 2025 | 13 replies
I would also reach out to real-estate friendly lawyers to help you draft the necessary documents to form an LLC and to talk through the pros/cons for various decision.Also, I'm curious why you decided to invest in BHAM.
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2 February 2025 | 5 replies
When a tenant leaves, you document that they are gone, who remains, everyone's rights and responsibilities, how the lease will proceed, etc.
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7 January 2025 | 9 replies
Verifying last 2 years of rental history very important!
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29 January 2025 | 22 replies
As always, this can be mitigated with proper screening of applicants by verifying rental history and contacting prior landlords about the prospective tenant's past.
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28 January 2025 | 16 replies
@Agatha Simmons Ensure that you are documenting everything that is occurring.
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28 January 2025 | 14 replies
Example, a short pay history - non-redeeming factor, a 25% down payment, a redeeming factor to counter the short pay history.
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19 January 2025 | 8 replies
I asked specifically about transfer in PA from personal ownership to LLC...so maybe it not considered a "sale".Thanks for the input on the personal loan vs LLC, this is what I was unsure of as my name would be tagged to the property via the conventional loan document.
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6 February 2025 | 4 replies
For a condo you can/should check the county assessor for land value (you would apply the same allocation %, don't use their actual number listed) Also check your HOA documents.
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21 January 2025 | 14 replies
Confirm that the IRA LLC provider will prepare all of the documents needed to not only form the LLC (articles of organization, SS-4 to obtain an EIN) but also the documents needed by the trust company to process the investment of IRA funds in the LLC.3.