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Ok. I Recently closed my 1st deal on 2 SFH's with a conventional loan. I wanted to transfer the properties into an LLC but my attorney says that technically it's against the clauses in my loan to transfer the loan to ...
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I just closed on my first Baltimore investment rental this past Friday (8/19/2016). It was an all cash purchase with a tenant already in place, and after I signed and submitted payment, the seller informed me that the...
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In 2018 I separated from my husband and needed to buy a house. Due to my pending divorce my dad helped with my house, I put the money down to buy it and he obtained the loan and also left me off title (long story ther...
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So here is my situation. I am in contract on a 3 family home for $815k which I will be getting a loan and will be required to put down 25%($204k). Now I have another property(2 family) that was own for about 30 years ...
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Mike Butler's book Landlording on Autopilot is a great read and I really like his hands on approach and school of hard knocks education. I just glanced it over again today to brush up on how to denie a rental applicat...
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I'm finally at retirement age and I want to transfer my SDIRA LLC home deed into my personal name. Is this legal and if so, what's the process??
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I recently purchased a property in my personal name and my plan is to transfer it to an LLC. My existing insurance company told me if I transfer the property to an LLC, then I will need to get a commercial insurance p...
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Hi, I am making a cash offer with short close time (5-7days). The seller asked for a 3k non-refundable deposit, and I only get this back if the title company cannot provide clean and clear title for us to close. Just ...
Hello everyone, I locked in a refinance for my 4 plexes at 3.25 but the loan officer is having a serious issue with my wanting to put the title into my llc for the extra asset protection. As I only have 3 residential ...
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Hello BP community,
My parents would like to start buying rentals as a way to transfer wealth. My siblings and I would also like to invest so that we can build the portfolio faster. The long term strategy is to buy a...