My mortgage broker recently told me that they know a lender who allows clients to transfer rental property title to LLC, but keep the mortgage under personal name. I am wondering if anyone actually did that before.
A...
Good Morning BP. Would anyone have advise or experience on changing an LLC's formation state? I owned commercial property in Massachusetts under an LLC I formed years ago and in May of 2020 sold that property and did ...
I have been doing as much research as possible before jumping into an investment property in PA. Not sure if this is just the pessimist in me or just making sure i dont screw myself over in the future...but what is t...
Hello BP, I hope everyone is staying healthy and safe! I have an LLC in Illinois, and I own a number of properties in the collar counties of Chicago, with mortgages through a local bank out there. The deed and the mor...
Hello! I am starting a LLC for my rental business. I plan on moving my rental property over to the LLC once I get final approval. I have an older truck that I am using as I remodel my property. I own the truck wit...
So, I did my first Single Family Rental BRRRR in Pennsylvania. Everything worked out awesome following Brandon and David Green's Advice.
I bought the property in my name, completed the project and refinanced it. So f...
Me and couple of my buddies started an S corporation, in which our primary business would be real estate. So far, we have managed to purchase two properties. These properties were purchased using the credit history of...
I've been looking into sandwich leases for sometime, and was wondering why no one ever mentions transfer taxes on sandwich deals.
In delaware, its 1.5% for buyer, and 1.5% for seller. Thats 6k on a 200,000 home, out ...
First I want to thank you guys in advance. So i am taking over a small company that is involved with IT and the company owns an office building and land worth about $250,000.00. My question is because I am wanting to ...
Hi,
I recently purchased my first investment property in Prairie Village. I setup an LLC as well. What is the best way to transfer the title of the property from my name to my LLC? Is it as easy as going down to the ...