Hi Bret - Ownership of mortgage loans are transferred using an assignment of mortgage (or deed of trust).

Previous tenent must have been a retired broker.I properly disposed of the confidential docs.Can you imagine what a less ethical person might have done?

Keep this in mind too...When you get your LLC and go to do your first deal withit, it has no credit history.And when you go to transfer title of your existing properties,the mortgage convenant may allow them to disallow or toup the rate to the current rate.

I am wondering if I should keep that card open in case I need to use it to transfer balances later for better APR.Any insight?

If I ever do set up a system like this, I'll probably have two accounts, one where they make the deposit and another into which I would quickly transfer the funds.

When filling out the deed do I put that I am transfering 50% ownership or is that put down when we record.

All foreigners are legally prohibited from directly owning any form of real estate (land) property with an Original Certificate of Title (OCT) and/or Transfer Certificate of Title.

For example, it's customary here for the accounting of the security deposits to be done between the seller and the buyer and a check written for the total.Six years later that deposit was in dispute when I transferred my security deposits and I was able to produce a check stub accounting for what I received from the seller.

Is it too late for me to open and LLC and then transfer the tile under the LLC so when I sell them I can release myself on the personal level of any liabilities?

The company I work at just sold and we have to transfer are Putnam company 401k to a vanguard 401k.