If I buy a rental property and it is financed, and I am the sole borrower, can I do quit claim to transfer the property to an investment corporation or anyone else, or can this only be done if own the property with...
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...
Hello,We are about to close on a property that has a current tennant. I was wondering how can we change or add terms to the current lease agreement being transferred to us? The agreement is good for another 10 months ...
I have control of a property in Michigan that I am not on title. What is the procedure to have the current owner replaced with me if no consideration or $1.00 consideration ? The property is free and clear with no out...
Hi All! I am trying to support a friend (spouse 1) who is going through a divorce with spouse 2. It seems that spouse 2 is leaving the house for spouse 1, but would like to remove their name (spouse 2) from the loan. ...
Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
Good morning all,I'm looking to transfer a 6 plex with a commercial loan from my name to an sole owner LLC. I've confirmed this is acceptable with my mortgage and insurance providers. My intention is to reduce my pers...
Good evening BP community,I currently have 3 houses in CA: 2 rental and 1 primary. Both my rental properties are under VA loan with 4.5% and 2.5% rate. I bought these houses as primary residence back then. I would lik...
Hi All,
Happy Friday in the U.S.I have a question I am hoping some people could provide insight into.
I have a few rental properties, have bought/sold, and managed properties for a few years now. I just recently st...
Which method have you found to be the easiest when transferring utilities to your new tenants. Do you call the utility company, verify your account, dial in the tenants so they can provide their info, and drop off th...