AJ Wong
Can you close your STR investment property in an LLC? Hint: The short answer is yes.
22 July 2024 | 9 replies
Normally, this triggers a due-on-sale clause, which allows the lender to call the loan due.
Koen Ballantine
When do you know you are ready?
23 July 2024 | 8 replies
At 7%+ interest - and rates expected to drop in the next year, I could see an argument to maybe wait for the rates to come down a bit before pulling the trigger.
TJ Woolum
Online Gurus - Tom Cruz (Section 8) and Nate Barger (BRRRR Invest)
21 July 2024 | 16 replies
I pulled the trigger and joined Nate Barger's BRRRR Invest Academy.
Chuck B.
Has anyone taken Phillip Vincent's program - Mom's House?
24 July 2024 | 46 replies
A stretch to say you are presenting a useful alternative.What truly triggered my response was the notion that it was proper for nursing home/assisted living affiliates to have a preferred network of investors, much less that they would use billing and time pressure to steer their prospective patients there.
Carlo D.
What would happen and possible consequences if I just pulled the trigger?
19 July 2024 | 5 replies
I previously posted questions on this channel about lending money on the paperstac platform. Decided getting the licenses to be a lender in different states wasn't worth it. However, my question is, what would/could h...
Kalon Green
First property I ever bought and turned into house hacking
20 July 2024 | 0 replies
Then I eventually pulled the trigger and found another home and sold my first property What made you interested in investing in this type of deal?
John Thedford
First National Realty Partners: Any Experience Or Knowledge
23 July 2024 | 32 replies
I was on their list for a while, but never pulled the trigger.
Dallin Watson
Getting a personal loan for LLC use (Tax and Legal Implications)
20 July 2024 | 2 replies
From personal experience it is doable, but you need credit history for that new business.as for the getting the property in your business LLC I think that may trigger a due on sale clause because it is in your name.
Jeff Chisum
Second Home Transferring Title to an LLC
19 July 2024 | 4 replies
When using the Fannie/Freddie/Federal Home Loan Bank second home occupancy loan and you transfer title within the first year to an LLC that the borrower is majority owner of it will not trigger the due on sale clause as long as you can attest that it will continue to be a second home.
Brian Willie
Re-Selling A House Currently Held Subject To As Subject To
19 July 2024 | 4 replies
When you sell a property "subject to" the existing mortgage, technically, this clause could be triggered because ownership is transferring to a new entity or individual.