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5 November 2024 | 4 replies
You'll have the Parent or Master LLC and then each property can be held or titled to the different Series LLCs you form.
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6 November 2024 | 6 replies
Start by conducting a title search to ensure the property is free of liens or legal disputes.
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3 November 2024 | 56 replies
You send your wire to escrow for title or closing attorney.
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5 November 2024 | 28 replies
In fact, lenders won't want a bunch of properties titled to the same LLC as the collateral they lend on.
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4 November 2024 | 3 replies
Surround yourself with professionals we’ve mentioned, like title company representatives, and ensure they consistently deliver results.
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2 November 2024 | 2 replies
Obviously I will have a title search and get title insurance but I assumed they would still be required to fill out a SD but maybe not.
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3 November 2024 | 1 reply
Only way you made money on this deal, and avoided everyting being eaten up with title & recording fees and transfer taxes, was by flipping the contract - also known as wholesaling.Why can't you just call it what it is?
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2 November 2024 | 6 replies
AB1482 states that "single-family homes/condos (residential real property that is alienable separate from the title to any other dwelling unit) are exempt from AB 1482 if (1) the owner is not a real estate investment trust, a corporation, or a limited liability company in which at least one member is a corporation and (2) the owner provides the tenant with a written notice of the exemption"The part that is confusing is "...a corporation, or a limited liability company in which at least one member is a corporation."
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2 November 2024 | 2 replies
This is because MN does not use attorneys to close we use Title companies.
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2 November 2024 | 8 replies
This includes HELOCs or fixed second mortgages, which again are easier to get when titled in your own name.