Kay S.
Closing Costs for Seller Financing?
15 December 2024 | 6 replies
Here are title cost numbers from my last deal in Lake Oswego ($625k sales price):Title agent fee: $1100Owner's title policy: $1425Recording fee: $350MERS: $25There may be transfer taxes depending on what county the property is in, as well.Chris
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.
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
Transferring ownership to your LLC might trigger transfer taxes or reassessment, depending on your local regulations.Commercial lenders will evaluate your loan based on the property’s cash flow (DSCR) rather than your personal income, which is great for freeing up your DTI.
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 .
Taylor Kendrick
A question about "appurtenances"
13 December 2024 | 5 replies
The oil company now owns the subsurface rights to that property (one of the property's appurtenances) and can transfer or keep them as they wish.
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).
Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.
Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
The happiest day of my investing career was when I transferred ownership to all those houses in one transaction and to never ever go there again with that asset class.But thats me.. section 8 can work but its not as passive as folks claim.
Laura C.
Wholesale Friendly Title Company in Central PA
17 December 2024 | 11 replies
Hey Laura,Not sure if you are still looking to partner with a trusted title company in Central PA but we have used Capstone Land Transfer for 100+ transactions and loved the experience.
Jae Yoo
Property management break contract
16 December 2024 | 3 replies
Either with cancelling and transfers, or anything in general.