How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
Good morning, folks.Disclaimer: I am not a real estate investor. So obviously take my words with a grain of salt. However, I have underwritten real estate deals and managed portfolios of real estate loans for over 20 ...
The to be unnamed credit reporting agency is giving me grief about pulling a credit report on a creditor for a note I don't own (which is fair enough I suppose). It's my first, so what is the usual practice? Am I be...
Hey BP Community,
I am looking to get some advice on how a subject to deal works. Let's say I have a person who is willing for me to take over their payments and sign the deed over to me. What is the best way for me ...
Of course that's a red flag. The application has all the information about the current landlord but the standard form from the real estate agent allows the applicant to say "No" to the question "Do not contact landlo...
Or do they simply put more down, say 35% or more, to reduce the mortgage payments and bring rents and expenses into line?
Getting ready to buy my first property all cash in my LLC. I have a 2, LLC's that own each other. I am just a member. I have been working with the title company who wants me to changes this to purchase the property an...
Do you all asset based lenders do this? So I was referred to an asset based lender. They talked great game and said that I was a great fit. They explain their Lending and refinance program and so I find a property tha...
Hi Al, I have been going through the CHA website trying to locate their rent schedules (what they pay for a 1,2, or 3 bedroom) with no luck. I assume it is by County but their site is loaded with info that is not what...
Considering the state of housing shortage, what is the Development of Mobile Home Parks looking like these days in Southern California?