I’m a new investor into real estate and I’ve just owned my property over two years! Bought it under my name with an FHA loan. I’m currently looking to go conventional on my next property and start buying more properti...
Hello Biggerpocket community, I'm an investor from Charleston, SC.What is the "right way" to transfer the deed of an investment property acquired in your personal name into your LLC's in SC?Is it as simple as a quitcl...
BPers,I am closing on the house on 4/10 but the situation has gotten little more complicated. The seller's (Owner's) relative who managed this property is not surrendering the keys to the seller. Seller wants to clos...
Hello BP,I am about to move to another state where I will be buying another house. I would like to transfer my current primary residence to a LLC and rent it out. I currently have a mortgage on the property and do not...
Hi everyone,
Good morning!
We are transferring a rental unit from one LLC to another LLC. Both LLCs are s corporations and incorporated in maryland and are owned by the same members (entity).
Questions:
When we t...
Hi all,I recently bought my second home and am converting my first home into a rental property. I setup an LLC for my purposes of renting my first home and I am wondering if I need to transfer my mortgage / title of m...
I did see several LLC threads...very helpful. I want to go back to the attorney knowing more details from experienced real estate investors. I do have LLC’s and one is holding real estate with my father so some experi...
I am trying to find out if I can transfer property to an LLC for the purpose of lowering my DTI and lowering my debt on my personal credit report...And if the bank asks for a personal guarentee will that show on my cr...
Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...
A family recently sold a duplex and purchased a new duplex using a 1031 exchange. They would like to transfer ownership of this new duplex to their son. Would this affect the validity of the 1031 exchange and theref...