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4 November 2024 | 12 replies
If you're in escrow and you haven't created an LLC yet (CA / AZ) the lender may not allow you to transfer the property out of your personal name and into the LLC.
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2 November 2024 | 0 replies
How would I transfer home insurance and property taxes without alarming lender on subto?
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3 November 2024 | 8 replies
.- Also found terrible policies that owners had, that they didn't understand.4) Utilities: We check that all utilities are properly set up and cofirm or enroll in any Auto-Transfer of Service programs to avoid no heat during winter leading to frozen pipes.- Dealing with a very upset new owner client right now that previous PMC didn't handle the water account properly.
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21 November 2024 | 305 replies
To scale in this niche would you recommend increasing your portfolio of SFH homes and then transferring your portfolio into higher end MFH in the future?
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1 November 2024 | 6 replies
With the VA loan you can transfer it to another service member or veteran and they get to keep the same interest rate, but they would have to come up with the remaining balance (~$235,000).
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1 November 2024 | 4 replies
Your reviews and history don’t transfer.
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31 October 2024 | 5 replies
Using an attorney, CPA or a 3rd party as agent is smarter.2) Having an Operating Agreement---Without one, you don't have a viable LLC and highly likely a judge will set it aside.3) Buying a property in your name to get a FNMA/FHA/VA mortgage, then transferring the property to an LLC via QCD.
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31 October 2024 | 18 replies
The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?
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31 October 2024 | 0 replies
"A phantom steps into the fray,Assuming roles before the day.Contracts altered by unseen hand,Transferring rights as if we planned.An eerie change without a clue,What silent act do I pursue?"
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29 October 2024 | 5 replies
I'll then take a picture of it in their hands so I have proof it was provided.Make sure to have new locks installed the day the key transfer happens.