![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2410519/small_1647285768-avatar-denas17.jpg?twic=v1/output=image&v=2)
15 January 2025 | 2 replies
Well, what would be happening is that your buyer would be buying your house subject to the existing note, since you can't legally sell the property without paying off that note or transferring the debt to the new buyer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3170835/small_1737089194-avatar-amandal260.jpg?twic=v1/output=image&v=2)
17 January 2025 | 3 replies
As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2072648/small_1673210711-avatar-denisec89.jpg?twic=v1/output=image&v=2)
21 January 2025 | 18 replies
It is an expense, but they keep it all legal and compliant.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/682635/small_1621495377-avatar-stevek74.jpg?twic=v1/output=image&v=2)
12 January 2025 | 185 replies
TIAOne can walk away, or file legal actions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3146912/small_1732036961-avatar-henryj84.jpg?twic=v1/output=image&v=2)
14 January 2025 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3163747/small_1735845533-avatar-jacobd387.jpg?twic=v1/output=image&v=2)
22 January 2025 | 12 replies
Namely, that if a tenant (in this case accompanied by a whole family) ends up stop paying rent and I would be on the hook for both covering the mortgage and dealing with open ended legal costs and time.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2127189/small_1630203367-avatar-andys217.jpg?twic=v1/output=image&v=2)
8 January 2025 | 9 replies
@Zach HowardThere is no legal requirement for landlords to actually witness lease violations firsthand.
22 January 2025 | 14 replies
They legally have to have this document filled out if they pay you more than a certain amount over the period of 12 months.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165632/small_1736187339-avatar-jonathans1044.jpg?twic=v1/output=image&v=2)
15 January 2025 | 10 replies
Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2462219/small_1694584118-avatar-travism318.jpg?twic=v1/output=image&v=2)
31 January 2025 | 28 replies
Legally, my investment is now depending on Aloha's action.