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If one were to purchase a rental property as an individual, what is the typical process for then moving ownership of it to an LLC? Seems like that might be an issue for the bank that holds the mortgage since they woul...
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Hey Guys, Question :- I have a property in Ohio under a Sole Member LLC that I am selling and doing a 1031 on another property in Texas. Can I setup a similar Sole Member LLC in Texas(with a different name) and buy t...
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Hi there,I'm at the final stages of closing my first home :)It's a 2 unit property and I'll be inheriting a tenant in one of the units. I have the estoppel and a copy of the lease. I'm receiving the rest of this month...
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Hey guys, I was just curious- on the first mobile I flipped I went downtown and filed the paperwork my self for purchase...which obviously saved some money. But was a huge hassle. The next one I used a title company f...
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Me and my grandmother own a property in South FL she has recently passed. Do I need to notify bank of her passing ? Will they require me to refinance? The property is being used on air bnb. From what I have researched...
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What would it take to transfer ownership from myself to an LLC? Here is my current situation. On our first few investments we purchased a few properties that should have been purchased as an LLC or S Corp. At the t...
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Hey guys,Is it better to transfer a property into an LLC using a special warranty deed or a general warranty deed?I guess, which one protects me better?Thank you so much in advance!
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I have a deal in which a relative of a friend has a small house in rough shape that they would like to give away. It needs extensive work and they don't have the time or knowledge to deal with it. They are willing to ...
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Hey all,My in-laws are in the process of selling their restaurant and have already signed a purchase agreement with the buyer and are in escrow. They agreed to the buyer's terms that she would put $120k down and selle...
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Hello all,I wanted to refinance my mothers home in my name however, apparently according to my conventional lender, she would have to sell the property to me and I would have to complete the transaction as a purchase....