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Hi! Enjoy reading the forum and now have my own question. In April this year my tenant decided to move out of the house due to personal reasons while on year long lease that ends this month. To save the situation he w...
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So I have had a rental property in my name for the past 2 years. When I first went to rent it out I was looking to put it into an LLC, but I had talked to a friend of mine who said you can’t transfer the title while y...
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Situatuion: After the divorce my wife got the house (as in I signed the quit
claim deed) while the mortgage remains under my name as she was never on the loan to begin with.
Challenge: She rents a house in ...
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I have a single family rental property, currently in my name, with a commercial loan that I'm hoping to refi. For a variety of reasons, I do not qualify for a conventional mortgage, but am able to refi this property ...
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HI BP Fam,
I would kindly appreciate your help. Does anyone know the quickest and most effective way to transfer properties into your LLC? Is there a quitclaim deed that needs to happen? Not sure, where to even begin...
I’m in the process of buying two vacant lots in FL. I have to transfer them from an LLC with multiple members to another LLC. Essentially, I’m buying out my partners and transferring the lots to my own LLC.1.Do I need...
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Hello. Me and my brother own 2 properties (both names on deed's). Even thought we own them 50/50, when we apply for a new loan, we are responsible for the whole mortgage balance. The rental income is counted in half b...
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I am interested in learning how to manage my own construction/reno projects. I was an IT project manager in my former life. Are there any forums on renovations or construction?
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Let's say the owner is pressed with a time-sensitive matter because they need money asap.
I am willing to loan them the money but need collateral so I want to have them transfer the deed. They also want me to buy the...
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Hello All!
New to this game and this site! Looking forward to the ride. My question is that I'm moving from my current single family home to a new residential single family home. Planning to rent out Home #1, but wou...