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5 December 2021 | 6 replies
Make sure you get prorated rents and the security deposits transferred to you at closing.
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5 December 2021 | 2 replies
I have read, that if the mortgage on your property is owned by Fannie Mae, then you are able to transfer your loan to an LLC without triggering the full repayment of the loan (https://servicing-guide.fannie...).
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9 December 2021 | 2 replies
You don't see the 1K SD transfer on the doc's, then don't sign/close.
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15 December 2021 | 16 replies
My team specializes in working with VA buyers and have helped hundreds of families accomplish their goal of home ownership.
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7 December 2021 | 4 replies
Will transferring my loan/ownership to an LLC help with this?
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7 December 2021 | 8 replies
Inheritance tax is the percentage that YOU pay now minus what the assessor said was value at person's death then 15% if there was no probate and nothing transferred to heirs.
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6 December 2021 | 7 replies
You will not get any tax benefits from your LLC and as far as liability protection, there is nothing to protect when you are the lender only and have no ownership of the property or anything to do with the construction/rehab.
20 December 2021 | 10 replies
Compensate them correctly and if they are a small 1 or 2 person operation give them some ownership "make them feel they are part of the team", they will help you scale.
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10 December 2021 | 4 replies
Ideally use the same title company for sale and purchase to limit the number of parties involved.Also be aware that an exchange transfers basis from the old property to the new property.
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8 December 2021 | 30 replies
Out of state owners are easy targets for this type of fraud.Public policy favors home ownership over renting.