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5 October 2021 | 2 replies
I am planning to transfer my house to my LLC but it make take some days.My question is that as the house is still under my and my husband’s name and rental lease agreement is with tenant and LLC, so will my lease be still valid and legal??
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5 October 2021 | 4 replies
And transferring to our LLC could trigger due-on-sale.
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14 October 2021 | 15 replies
I have thought about transferring the property to my LLC then getting cheaper insurance.
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5 October 2021 | 5 replies
@Bishop Lawton Richardson you will likely have to buy the property in your name and then “transfer” the property to your LLC after closing.
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5 October 2021 | 1 reply
Getting involved in passive income investing doesn't have to be overly complicated - there are just many ways to get started and the different paths to ownership have different answers as to what those next steps look like.
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5 October 2021 | 3 replies
This way, even though you may not be on the loan, YOU will be able to document payment history & some lenders will allow this to prove ownership.
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16 October 2021 | 7 replies
There are some commercial lenders whom would consider your ownership of mobile homes to count as real estate investment for the purpose of getting a commercial real estate mortgage (we would do so).
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8 October 2021 | 1 reply
My suggestion is just to use a standard MAR purchase and sale agreement (P&S) and for the borrower entity put “Andrew Camarda or assignee or nominee” which makes the contract transferable.
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6 October 2021 | 4 replies
Anyone with over a certain percentage of ownership (varies by lender).
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6 October 2021 | 2 replies
What about putting you on title as joint or as a percentage ownership and calling it a refinance rather than a purchase?