Michael Greco
Moving existing rental property into an LLC - Mortgage company sayin "no"
I have an existing rental property that I am trying to move into an LLC.The mortgage company (Washington Trust) is saying "no" and that I would need to refinance. That means at a much higher interest rate (currently ...
Takahito Torimoto
Mortgages and Refinancing from Outside the US
Anyone know how easy/hard it is to get a new mortgage or refinance an existing mortgage in the US while living abroad?I have recently moved out of the US and working abroad as an expatriate - but now I am getting paid...
Ken Reed
"Subject to" w/ 2 yr seller note.Seeking attorney/investor help
Hello,I am currently working on a deal where the seller has agreed to sign over their property subject to the existing mortgage. The seller has a property where the tenant just moved and no longer wants the property....
Patrick Reagan
Help analyze the best options.
I am looking to wholesale or possibly buy a property that has good rental income,equity,and a mortgage.As a wholesaler,are you simply trying to negotiate the best selling price or are you looking ahead and anticipatin...
Alex Hamilton
Need Advice on "Sale Subject to" Agreement in Louisiana
I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a coupl...
Nithin Mathai
Subject to or Wrap Around Mortgage
Good night BiggerPockets Fam!,
I have been trying to learn about subject to and wrap around mortgages to try and help this elderly woman to sell her house. Don’t get me wrong, I am trying to buy it from her, but she...
Aaron K.
Interesting dilemma - Title search shows existing mortgage, owner states it was satisfied, but no proof exists. How to purchase?
I want to run this past you guys to see if there's a solution in here somewhere.
A title search of a property I'm looking at purchasing indicates that there is an existing mortgage on record. The lien-holder...
Daniel Spear
Risks in Selling Equity in Multi-Family Properties to Investors
Hello:I have been talking to a multi-family property owner who has said that he is considering selling equity in his property to an investor for a guaranteed return. This seems like a great way to leverage your cash f...
Ivan Reyes
protecting yourself using wrap financing.
We're purchasing a home using seller financing and a wraparound mortgage. The seller is the owner of the house we've been renting for 2 years.
My question is what protections should I be thinking about to make sure t...
David G Vreeland
Wraparound Sale Tax Consequences & Depreciation Recapture
Trying to structure the purchase of a property at favorable terms for the seller in order to negotiate a lower price.
Property: 2 unit for $300,000 (property is worth $350k)
Seller Initially Bought it for $100,000 y...