Jeff S.
Transferring funds between financial institutions and US Bank
How do you transfer funds between banks, credit unions and the like? I have found long lag times moving money into US Bank even with Zell. I know US Bank is a regional bank so a little questionable maybe. Short of wri...
Victor San Gil
Utilities - What would you do?
Hi all,I have 28 units all with separately metered utilities. In our area it's just electric and water (we don't have gas, sewer, etc). Currently when a tenant moves in, we have them transfer the utilities to their na...
Marcus Maloney
ALLIED LOAN SERVICING RECOMMENDATIONS
I am doing seller financing on a property I own and my attorney recommended Allied Servicing Corporation out of Spokane Valley, WA. Is anyone familiar with their services or have used their loan servicing before. In ...
Bill Goodland
Best Way to Start an LLC?
So I’m currently house hacking a triplex and am looking to buy my new rental. I would prefer to buy it in an LLC but would consider buying it in my personal name and transferring it later. I also just sent out a direc...
Jerry Kisasonak
Transfer taxes on contract assignments?
I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...
Justin Moench
Transfer Ownership to LLC
Hi everyone. I am a new investor looking into buying my first vacation property. Before I do so I wanted to check with the forum on a question. Will be buying in NY State. Has anyone purchased a property as a 2nd home...
Kathy Chen
Transfer multifamily conventional loan to LLC
Hi everyone - I am looking to invest in multifamily, and I learned that if I do conventional loan, for 4 units it will be residential loan and i will have to get it under my name. Then is there a way to transfer the l...
Briette Awbrey
Wells Fargo says I can't convert my rental property into an LLC
Hi everyone,I called Wells Fargo, who services my loan & they said that the investor (Fannie Mae) won't let me transfer my house into a LLC. It was originally bought as a primary residence in 2013 but has since be...
Evelyn Liaw
Previous lender refused to transfer an appraisal report I paid fo
Hi,The previous lender ordered an appraisal for me. Now I changed to a new lender, and they basically have me jump through hoops and withholding my appraisal report and not transferring to the new lender. What can I d...
Jason Perez
Subject to question about closing
I am in the process of trying to close a subject to deal right now. I have the seller on board with it just don’t know really how to move forward. No one I know has done it before or knows much about it. I spoke with ...