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Results (10000)
Brian Williams LLC Formulation and Due on Sale Clause
13 April 2022 | 5 replies

In the Latest April News Podcast the guest host stated that banks never enforce the due on sale clause if the mortgage is transferred from an individual to an LLC. In fact he stated they rarely find out because they g...

Becky Hoffman How do you save for taxes?
17 June 2024 | 8 replies

Do you open an account to escrow your tax costs or is there another way? I'd rather not have to open another bank account if possible. 

Jeff L. Mortgage Called Due Upon LLC Transfer
17 August 2017 | 50 replies

Hi.

I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.

I am waiting to hear back from the...

David Robertson Rehab- Business Accounting Questions
26 January 2011 | 28 replies

I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...

Ed Jerum Transferring Rental Property to Revocable Trust
5 February 2015 | 4 replies

Does anyone have any experience with transferring a mortgaged rental property to a revocable living trust, where the trust is created by the current owner and is also the trustee. Does the bank holding the mortgage ha...

Michael Bertsch Due On Sale Clause
4 April 2016 | 15 replies

I plan on buying a SFR in my personal name. After the 6 month seasoning period with the bank, I plan to cash out refinance into a traditional loan. Do you guys have any issues transferring your title to an LLC? I know...

Ben Williams Polling on "Due on Sale" being enforced after transfer to LLC
15 September 2016 | 95 replies

Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...

Shara Surabi lender that allows the property to be transferred to LLC
30 August 2017 | 9 replies

Hello Everyone,I am about to enter a joint venture with a partner on a property. The loan will be financed under other parties name, but we will be equal owners of the property. I am looking for a lender that is willi...

YiBing T. Title company that handles Seller Financing and Subject To deals
14 April 2023 | 13 replies

Can anyone recommend a title company in the DC metro area that handles Subject To or Seller Financing transactions? I recently came across Pace Morby's video on the "subject to" real estate deals, and I am interested ...

Will Stahl Transferring property from my name to LLC
27 February 2019 | 3 replies

Hey everyone, I'm currently in talks to buy 3 SFH rental properties. My partner and I will be splitting the costs 50/50. There's a bank that will finance them at 15% each but only if they're purchased personally rathe...