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10 December 2024 | 7 replies
It seems like that paperwork could get complicated.
13 December 2024 | 15 replies
Be prepared with bank statements, leases, and operating agreements.Next StepsTiming: Wait until after January 19, 2025, to refinance and transfer ownership to avoid violating FHA rules.Consult Professionals: Speak with your lender, a tax advisor, and an attorney to confirm the implications of refinancing and transferring title.Prepare Documentation: Have your property appraised, ensure leases are up to date, and organize financial documents for your LLC.You’re on the right track with your plan, and a few strategic steps now can help you maximize the benefits of refinancing while avoiding complications.
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14 December 2024 | 36 replies
In other words, what forms or documents will you use for your purchase agreement, disclosures, reports, statements, and all the other complicated documents that go into a California real estate transaction?
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1 December 2024 | 1 reply
My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side.
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6 December 2024 | 10 replies
The process is new to me, but it doesn't seem all that complicated (link below).
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7 December 2024 | 15 replies
Do not need to over complicate anything :)
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3 December 2024 | 22 replies
Plus, Zillow, Rentler and the other real estate platforms tend to have all sorts of unnecessary hoops to jump through for landlords, and I find a lot of their design very un-intuitive (I remember spending waaayyy too much time just trying to figure out simple things in Rentler). ...why can't they make it easier?
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7 December 2024 | 8 replies
I used the ever so complicated one called "Google" lol.
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3 December 2024 | 6 replies
@Michael Izbotsky In community property states like California, assets acquired during marriage are typically owned equally by both spouses, which may complicate transferring jointly owned property into your sole-member LLC.
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7 December 2024 | 18 replies
It is very complicated; like a snowflake, each transaction is different.How do you decide risk vs. reward here?