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15 October 2024 | 40 replies
I don't see why you would want to go through the hassle and expense of transferring the property into an LLC after the purchase was already completed.
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20 October 2024 | 84 replies
All you're doing is transfering cash from your bank account to the property.
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13 October 2024 | 4 replies
Prior to being a mom she was a project manager and coordinator in construction.
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14 October 2024 | 4 replies
Learned a lot about the process while property is under contract (coordinating home inspections, appraisals, getting documentation to the lender, etc) I should have locked in my interest rate two weeks ago before they shot up recently!
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11 October 2024 | 3 replies
After speaking with a real estate attorney, they had recommended transferring ownership of the property from the land trust into an LLC and dissolving the land trust.
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14 October 2024 | 7 replies
What if the lien was transferred into your name?
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11 October 2024 | 0 replies
I want to start advising my buyers to use land trust transfers when we acquire properties that have underlying notes since we are seeing an increase in notes being called.
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14 October 2024 | 1 reply
I purchased a tax lien that was sold the next year with a “warranty deed” The lien was for 2022 taxes and the deed was transferred in 2023. prior to the transfer there is a long history of tax sales and different names paying taxes including a previous investor. how far back does the line of interest go and would the previous investor be considered someone who “holds interest” in the property?
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14 October 2024 | 19 replies
Transfer tax on the purchase and also the sale.
15 October 2024 | 6 replies
A DSCR loan allows for a cash-out refinance based on the property's cash flow, and a quitclaim deed at closing can transfer the property into an LLC, with only the transfer tax to consider.