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16 August 2024 | 8 replies
The contract did allow us to transfer the house and contract to if we decided.
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15 August 2024 | 23 replies
Unless there is significant equity in the property 50% LTV may not be enough to payoff the current underlying mortgage.Now here are the exceptions to lift the COB 50% limited LTV restriction:- you inherit the property and it was transferred into your name either via legal award from a domestic partnership/marriage - you have been on title for 24 + months- you took title to the property that was transferred from a partnership or partnership like entity (LLC, LP, etc) that you can document the ownership of 25% or more in- you lived in the property and have been on title for atleast 12 months as a primary residence- you have paid the mortgage for atleast 12 months - or you can demonstrate a relationship with the obligator (domestic partner, relative, family member, etc. )If you qualify for one of the exceptions you are not limited to the 50% max LTV when considering fannie/freddie conventional cash out refinances on a subject to transaction.
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15 August 2024 | 5 replies
However, unfortunately rental income does not cover all of the mortgage on this property, so I will also have to transfer money in from my personal account to the new checking account.I hope that explanation made enough sense to follow.
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17 August 2024 | 30 replies
They are asking for a transfer fee at closing.
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15 August 2024 | 29 replies
When the property sells and I transfer all these transactions to COGS by posting a journal entry, I will lose all of this granularity.
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13 August 2024 | 0 replies
XCEL Energy user comments appreciated! The tenants power was shut off for non-payment and I need to put the account back in my name.
Recently my HOA sent me photos of my rental townhome with a gas generator running i...
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13 August 2024 | 9 replies
Since last year I have transferred property titles of my rentals to my LLC.
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15 August 2024 | 29 replies
Texas doesn't allow that so I am selling a few here and investing in other states with lower taxes and allow HELOCs on investment properties.I am doing a balance transfer from AMEX to Chase Business but once I sell some properties I can pay it off.
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13 August 2024 | 5 replies
Today it's not being able to internally transfer funds which has pushed my coping with them over the line and I'm interested in hearing if there's better options out there.
13 August 2024 | 2 replies
Transfers should be complete, even among siblings.