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25 January 2017 | 7 replies
Those funds are then transferred from the Security Deposit account into the Rent / Income account in the Bookkeeping system.Not sure what the law in your state but in many places, the security deposit funds are supposed to be segregated (i.e. kept in a separate bank account) until the tenant moves out.That you are even having an issue with your PM on this is not a good sign.
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25 January 2017 | 0 replies
Is there an easy way to transfer the property to the LLC, guarantee the LLC (I have no idea to do this I just read this online).
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28 January 2017 | 19 replies
If you have mortgage on the property, the note could be called immediately, as you transferring the property to LLC triggers the due on sale clause.
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26 January 2017 | 4 replies
You need to have a job transfer that would move you out of commuting range for the 2nd FHA loan.
26 January 2017 | 3 replies
With this method it will confirm that the funds used for the next house were from my day-job paycheck, transferred weekly to the business account until it reached 20k.
25 January 2017 | 1 reply
At the same time I feel confident I can make money even at its current price.
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26 January 2017 | 3 replies
This means if the bank is made aware that the property is being transferred, then they have the option to call the remainder of the loan due upon the occurrence of that transfer of property.
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20 April 2018 | 13 replies
Ha I also do the same thing if I do a cash withdrawal, or transfer of funds.
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5 February 2017 | 16 replies
Any park-owned homes are transferred to me at closing for $ 1.
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26 January 2017 | 0 replies
I've been researching a property and found on its tax bill the wording "FIFA TRANSFERRED/SOLD" for the years 2011-2014.