Transferring a property to an LLC is common practice now a days and doesn't effect their rights given in the mortgage at all.

And, James, thanks for that tip - I'll definitely keep that in mind as I move forward.Also, I definitely plan to honor the current lease agreement, I just wondered how to approach raising the rent when the lease was up, or how I can check the background of the current tenants so I know whether they are reliable.Here are some of the other numbers that I was able to track down today:Insurance: $692/year through one bank that I talked toTaxes: 567.76/year for 2013Using these numbers and an online mortgage calculator I came up with $262 for the monthly mortgage payment for a conventional loan.

I think it's a good practice for everything anyway!

I say "I just need to get some quick information about the house right now and then I will take a look at the information and the neighborhood online, and if it looks like we can help I'll come take a look at the house, so how many bedrooms do you have?...

title says it, what are free easy ways to get sellers calling your phone, besides craigslist backpage or ebay, also what are the best words to use to have motivated sellers calling, and how to keep from getting fla...

I use a VA for some basic online stuff and 'internal research'.

Rare for this to happen but a good practice. 3.

It is practically impossible for heating pipes to freeze so long as the boiler is firing and the circulator running.

Buyers here are also pretty skeptical on flips, first thing they will do is go online to county records and see what you paid for it.

Same for your website if you choose to focus online - it's going to take several weeks or possibly several months before it starts churning out leads on a regular basis.