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I have always chunked these in the trash but happened to open one yesterday. Credit card I haven't used in years extending 0% for 15 months and 2% for 21 months. I believe there was a 3 or 4 % fee to use. Curious as...
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Our resident Real Estate Legal Blogger, Joshua Marks, wrote a great article today that I think is worth a look for any Multi-Family Investors:
Issues To Consider When Buying/Selling Multi-Unit Residential Income Prop...
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My mom's mortgage broker told her this: "A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or ...
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Hi BP,I am moving and try to keep my primary home and rent it out. Can I transfer my primary home into my LLC as an investment property?
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Hello everyone. I am nearly ready to purchase my first property potentially through Memphis Invest. I plan to switch the title to my LLC after closing. Lenders have to option to call the entire mortgage balance due if...
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To All,
I have an investment residential property that I have been renting out for the past few years. Just recently I formed an LLC and transferred the property to it. My next step is to "assign" the exi...
We currently live in Oregon, we have 2 single family rental properties located in Arkansas, we're looking to purchase our 3rd property in Indiana. Our 2 current rentals are under our own name, but we are planning on s...
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Hi again. I recently read that banks don't allow entities to take out a mortgage loan, specifically LLCs. Apparently, there is a 'loophole' that allows the title to be transferred from the buyers name to the LLC, but ...
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We're in the process of selling a condo that my husband inherited in Hungary. The sale will be in Hungarian forint. What is the best way to transfer that money back to the U.S.? Should we use a bank or an online servi...
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I unfortunately live in a State that charges a 2% transfer tax for any title change (even between "sister LLCs"). I have been looking at a Land Trust as a way to avoid this. Has anyone used it successfully for this ...