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??

depending on how backed up the county is it can e take a few months for court date. in essex county it took my mother in law about 8 months or so for the full process. she had an attorney, not sure if that sped anything up

I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.

Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Quote from @Fareen E.: Quote from @Jaron Walling: Follow your lease.

Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.

Quote from @Rob Wallace: Hi, I purchased a property and transferred to a two-member LLC in 2024.

Hey Folks!Looking at a property that would be a somewhat turnkey STR, it has great numbers and occupancy rates. Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligi...

I am currently renovating it and we plan to when i am done to transfer the property to my buisness name. what would be the best route to go.