I currently have two residential loans in my name for investment properties and would like to transfer title to my LLC. I understand the due on sale clause exists but that it rarely ever gets called on.Do you have tip...
My parents have 20 acres of land, and want to give my husband and I 10 acres to build on. The land isn't subdivided as of yet. I'm trying to find the best way to do this. While avoiding huge tax implications for both ...
We just went under contract with a cabin purchase that is self-managed as a vacation rental. The 2 platforms being used are Airbnb and VRBO. The cabin is booked solid after we close. Does anyone have any insight in...
My Husband and I are going to bid on a triplex tomorrow. Would love to hear successful stories on transferring property to LLC, tips on getting it done and more intricate things to look into to mitigate “due on sale” ...
I've heard contradicting information on the feasibility of moving a property from a person to an LLC controlled by that person if the property has a mortgage loan on it. Anyone have any insight or information they can...
I will try to keep this as brief as possible :Partner and I purchased 2 rental properties in Florida with cash under one LLC (lets call this LLC 1).Now looking to do a cash out refinance and having trouble for a multi...
Hello ALL.I am a wholesaler about to make a 6 figure profit in DC.I do not want to Assign my rights bc then it would show up on the HUD for the Seller to see and might scare him to back out.I also can not do a double ...
Hello,
First time poster and was hoping to get perspective or advice. I have one property currently and want to know if it’s worth the money and effort to transfer my condo to an LLC before buying a new property as m...
hello all. our rentals mortgage is held by phh mortgage. i asked if i can transfer the ownership/loan to an llc, which i was considering starting. they said that they do not do that, but i may be able to do somethi...
I'm looking to get a conventional loan and transfer the property to my LLC after close. I actually already have a lender that is on board for this, so now I'm just looking for someone who has done this so I can hash o...