Gregory Cottarel
How? -- Transfer Ownership To LLC (Triggering Due On Sale Clause)
Hello BiggerPockets Family,
Myself and 3 buddies recently purchased a duplex in Cheyenne, Wyoming as a buy-and-hold investment.
The property is currently owned by us 4 personally.
We would like to transfer the own...
George Davis
Buyer from Colorado can wire money to Ohio, is this normal?
Just sold my home from Ohio to someone in Colorado. On closing day they found out they can’t wire money from there account to Ohio due to the amount. They had to put the check in an Ohio bank to then transfer it to th...
Jimmy Lin
Cash out refinance for LLC owned property
Hello BP. I would like some advice on securing loans in the name of a LLC. I currently hold a property in Philadelphia. Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant. I ...
Amy Bellone
In Law's Upside Down Mortgage, What are my options?
Hey everyone-This feels like a unique circumstance, but I'm sure SOMEONE out there has experienced something similar. Welcoming any advice or ideas on the matter. I'm pretty new to the real estate game and am very ope...
Joseph Cahill
LLC and Purchasing first Property
Hi everyone,My partner and I have established an LLC for RE investing. We are looking to purchase our first turn key rental property within the next 2 months and are wondering:1. When we get financing and purchase the...
Andrew Savage
BRRRR: refinance HML to conventional
Hey everybody. I've dug through the forums and seen only a few light discussions on this issue, which confuses me a bit.
I've read a lot about BRRRR, and everybody talks about buying/rehabbing with hard money and ref...
Scott Trench
Reasons Why Real Estate Investors Should NOT Use Bank of the West
Bank of the West has ticked me off an amazing amount of times given the small amount of business I currently do with them. So, I'm going to keep a running list of grievances here in a forum thread. Hopefully, this thr...
Michael Kulusich
Moving Rental into a LLC
I need to take rental property out of my name and move to LLC . I called my current Lender and they have informed me they do not Lend to LLC ‘s I believe I have read somewhere that most banks will not carry mortgage ...
Matt Fuquay
Bank account for investment properties
Hello everyone! I just got started in the real estate game. I live in Charlotte, NC. I would like to make an offer on a property and/or house hack soon. I currently have my personal bank account with BB&T. But I b...
David Harper
My CPA says put the rental under the LLC, lender says in my name?
My lender says I can transfer the title to the LLC after the purchase. Is this complicated and/or costly?