-Balance transfer other loans to CC

This information didn't transfer to us with the change of ownership so the first we knew of it was when we didn't get paid by HUD.There are a lot of moving pieces when you're responsible for the living arrangements of your tenants, but even more so when there's another party involved that acts on their behalf. 

Have you offered to open up a deposit account with them and transfer over rent to their bank? 

This normally takes place without notifying the lender that a deed exchange has happened and could--in theory--trigger the Due on Sale/Transfer clause that is standard in most mortgage contracts. 

@Donald E Appleberry Thanks for connecting.

Fund it by transferring money from your flipping company first to yourself and then to your new LLC.Also, you do not 1099 yourself out of your company.

Cancelled checks or ORIGINAL bank statement for the last 6 months at the minimum 12 months are preferred showing the transfer of funds.

It depends: how much do you know about title reports, purchase and sale agreements, counter offers, negotiating the best deal, addendums, setting up escrow, closing dates, occupancy, transferring utilities, inspections, cure notices, how to handle grumpy sellers or tenants, etc? 

As I understand an LLC provides a convenient asset protection and security.I currently own a multi-family in my name.I am wondering if it makes sense to transfer the property to an LLC.Thanks

Do you know if Section 8 would approve $850 if I make the tenant pay her own LG&E, which is the local electric/gas company (that bill would definitely put her over $870 all in)Or does the voucher price generally represent the max the tenant can pay including ALL utilities?