If you change brokers its transferred to your new broker.

.- This school is very popular for engineering students from college to transfer over (me being one of them) once they've completed their diplomas at college.

One of the fields you should get is "type of transfer", it will have values like Quit Claim, Grant Deed, Warranty Deed, Affidavit of Death, etc.

Welcome David - It's good to see an experienced Investor who has benefited from a generational transfer of wealth (capital and knowledge) and who continues to build on that legacy.

In order to do that we also had to change ownership out of the LLC to the individual partners on the properties and agree to a stipulation that the properties would not be transferred back to the LLC with the understanding that if we did the loans could be called due.

If it's a same day A to B, B to C transfer the going rate for transactional funding is around 2% plus admin fees.

Are you subject to 10% withholding tax when transferring between titles between individual name and LLC?

I transfered my job to Houston in 2013 bought a turn key in 2014 for $154K (twice the size of LA house) and have been itching to explore the real estate investing world.Lil prep work I've been reading REI books, watching podcasts (flipnerd & BP), YouTube videos, and recently been getting out to network.

If your gross rents are currently less than 3x your P&I in aggregate currently, then in my view you are very tight on cash flow (and preferably 3.5x) and not in good position to weather adversity.With 29 properties, all the debt introduces alot of financial risk, where circumstances cause a large drop in market rents and/or high vacancies across the board, and the problem could overwhelm the ability of your non-RE income to bail you out.Also, if your liquid reserves are less than 6 mths P&I on all your loans, then likewise you need to shore that up.If you can create some free & clear properties by paying off the mortgages, you also have the benefit of being able to transfer them to an LLC to potentially provide some shielding from creditors if problems ever occur in the leveraged portfolio.

Can I offer less than what they owe and have a lender transfer the remaining owed into a new loan?