Jonathan Jordan
Newbie from Virginia Beach
15 September 2016 | 5 replies
If you think you will go FHA, Conventional, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Justin Hackney
Live and Flip in Raleigh, NC
17 June 2015 | 8 replies
Also, the title needs to be transferred to you at the time of the sale.
Michael Raymer
401k rollover to a self directed 401k or self directed IRA
19 June 2015 | 4 replies
If you have 401k with the current employer most likely they will not allow you to transfer it out until you are either no longer employed there or reach retirement age.3.
David Kirchhoff
thinking about running my properties through a property mgmt entity, have a few questions.
23 June 2015 | 2 replies
I have a total of 7 investment properties and 2 LLC. one of my 7 units is run through it's own LLC and a few of my other properties are run through a separate LLC and a couple are just in my name as the rules tightened up in my area (update NY) and it is difficult to get financing under an LLC and if I transfer the deed I'm told the bank with call the note due in full and it's fraud.
Stephanie Beard
Is there a thing as a fraudulent investor?
4 September 2023 | 37 replies
Prior to our arrival, you would assist in preparation of our arrival and possibly help to get done one or two things prior to my arrival.All you need is to initiate the process that will enable me to transfer the funds that will be required as soon as we have finalized and agreed to the terms of business.
Kirshner Baptiste
For Starters
6 July 2015 | 11 replies
Are investors treating that like a due on sale clause for transferring ownership?
Nat C.
Tenants says there is a problem with AC but.....
27 July 2015 | 7 replies
Freezing up usually points to a couple issues: 1) dirty filter on the indoor or outdoor unit so it doesn't get the airflow it needs to transfer the heat or 2) low refrigerant.
Daryl Williams
Hard money loans
31 July 2015 | 3 replies
Also find out if they service their own loans or transfer that to a third party.
Clinton Holmes
How to Structure a Residential MFH Portfolio in MA
29 July 2015 | 2 replies
You will want to follow strict accounting and banking habits - do not transfer between LLCs directly (use a personal account).Of course, please consult the appropriately licensed professionals and do not rely on my sole advice as I am not an attorney, accountant, or insurance agent.Cheers!
Joe Boggin
Selling property to myself?!
5 August 2015 | 1 reply
Assuming one was to do that with rental properties that have been purchased recently but are in one persons name, there needs to be a transfer Philadelphia charges transfer tax 4% of the county assessed value or 4% of the purchase price.