An attorney drew it up and ran the paperwork for $125 plus filing fee. the ownership of the original deed and the llc is the same so the llc becomes an assignee on the title insurance (the original policy carries over) I confirmed with the title agency.  

You will most likely have to pay HOA penalty fees, fees by the state if they have tenant rights in place and potential lawsuits from the tenants.

In theory, I would owe $400,000 on a property worth $1,300,000.In order to pay off the $400,000, I would then look to cash out re-finance the $400,000 to pay off the original owner.

No, I won't waive my wholesaling fee.

You may appoint yourself, or yours truly, Noah Laker.STMD (Sacramento Tourism Marketing District)Every STR operator within the city also needs to pay an STMD assessment fee.

.• If the borrower has multiple properties, the borrower must document 3 months of PITI for each property to consider the rental income.o If there is not a lien on the property, 3 months reserves to cover expenses such as taxes, hazard insurance, flood insurance, homeowner’s association fees, and any other recurring fees should be documented for the property(ies).o Equity in the property cannot be used as reserves.o Cash proceeds from a VA refinance cannot be counted as the required PITI on a rental property.

Delta Township does have a Rental Code Compliance department and does inspections every three (3) years with fees to go with it.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

Originally posted by @Sam B.

Originally posted by @Aaron Klatt:What @Daniel Harbuz said is decent advice, but don't tell them that it is tax free, because it isn'tThanks, and yes for sure dont tell him its Tax free sorry for not being clearer.