
21 August 2016 | 2 replies
Everything is in my name and then I started an LLC but have not transferred everything into the LLC.I suggest listening to podcast 109.

21 August 2016 | 4 replies
The problem normally that comes to mind with this strategy is two fold: 1) You have to take title to the property (even if only for a second) so there are double transfer taxes, double closing costs, etc., to pay...., and 2) the new buyer may have trouble getting a loan because now you have a title seasoning problem (most banks only wish to give loans secured by properties that have been held by the seller for 12 months or longer).

21 August 2016 | 6 replies
The problem normally that comes to mind with this strategy is two fold: 1) You have to take title to the property (even if only for a second) so there are double transfer taxes, double closing costs, etc., to pay...., and 2) the new buyer may have trouble getting a loan because now you have a title seasoning problem (most banks only wish to give loans secured by properties that have been held by the seller for 12 months or longer).

20 August 2016 | 2 replies
Once you have a system down, it's easier to transfer that system to multi-families.

13 November 2016 | 7 replies
Thanks Wayne, what if I buy it under owner occupied and transfer it a year or so later to an LLC?

22 August 2016 | 3 replies
Also, you cannot get a 30 year fix mortgage in an LLC unless you buy the property in your personal name and transfer into a LLC.

21 August 2016 | 3 replies
I just graduated Cal Berkeley with a degree in Political Econ. focusing on international business trade and labor.

21 August 2016 | 0 replies
I still don't know what to call the alternative, the one where title is transferred.

20 July 2019 | 7 replies
Due to nothing I did, the home has been transferred into a relatives name.

5 September 2016 | 3 replies
I don't remember the transfer being too costly (we owned 1 personally and transferred it to the corporation), however, costly is a relative term.