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7 October 2014 | 1 reply
How should I proceed with this dealSelling Price $24,000Due at close $12,000Financing $12,000 over 8 monthsAssignment Fee $4,000My question is how to structure this deal so that the seller is protected with the financing, yet still transferring tax responsibilities over to buyer
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9 October 2014 | 11 replies
After we totally gutted it we rented it out when we were transferred.
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22 October 2014 | 4 replies
If you're worried about inactivity, you can transfer money into and out of the account every few months.
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17 November 2015 | 14 replies
The deed is recorded so you can trace the transfer, but thereis no sales price recorded.With that said, my lender still only finances 85% of the lesser of cost or appraisal.
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5 November 2014 | 27 replies
We got started (bitten by the real estate bug) through buying a foreclosure, fixing it up and than renting it out when we are transferred.
23 February 2016 | 16 replies
All the HOAs I've dealt with directly had attorney firms who handled collections and transfers and foreclosures.
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17 February 2016 | 6 replies
Alternatively, I could lease option the property and don't know if there's a strategic advantage to either, other than if I'm refinancing after a subject to, I can do a cash out refi but if I'm taking title after a lease option, then I'd have to put the 20% down.So, a question - what are the closing costs associated with a subject to and what type of company offers the servicing of the mortgage so both the seller and I are protected in the transfer and repayment of the loan.Does a property that I acquire subject to the seller's mortgage show up to my lenders when I'm looking to refi my other properties?
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8 November 2022 | 12 replies
The pros of a term lease outweigh those of a MTM lease.For example: in Michigan a lease of at least 12 months in length:1) Allows owner to transfer water liability to tenant2) Allows owner to transfer repairs to tenant
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6 November 2022 | 0 replies
Is it possible to purchase a property by transferring equity in a company?
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3 June 2022 | 7 replies
This time am looking to create LLC and transfer the deed to LLC instead of my name.