It is supported by the major banks and is an instant transfer and is free to use.

We will then transfer title to the LLC upon closing (we have received lenders permission to do this).My question is, when we come to purchase another property will the lender view me as responsible for the whole mortgage debt and only 33.3% of the income?

If I sell first I might end up without a deal to transfer into.

Or would having an LLC on title negate the VA loan/accelerate or have a due on transfer clause?

I figured it would be easier for each tenant to just transfer money to me individually instead of one person collecting it from the other tenants, but now i see the benefit of doing that instead.Once again, thanks for the input!

Transfer Properties in PhillyAsk for Matt or Karen

I see that QB offers free ACH transfer like anyone else.

Hi All-   I am trying to find out how Sister can transfer the title/deed to a property to my dad with no Tax implication and and not having to pay the Title transfer fee for the county-  suffolk

Hey all, I was told that if a person were to buy a property with their personal credit and within 6 months of owning that property they "sell" the property to their own LLC; at that point that individual can then write a letter to the credit bureau that the property has now been transferred to an LLC and is no longer tied to their SSN and personal credit.

 @Carlina BurfordThere's no need for transactional funding in our state because nobody here does double closings (due to the excise/transfer taxes); the wholesalers just assign the contract.Also, there's never a need to pay for a POF letter like @Dustin Frank mentioned... they're pretty easy to come by.