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Hello: I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...
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Hello,I own a single family rental home in Memphis. i bought it and financed under my name not knowing any better (in 2015). Looking now to put it under an LLC (which I have already), but my current mortgage holder ...
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Here is a sticky situation - happy to hear any suggestions!I purchased a multi family in Philadelphia. Along with a partner we bought in the name of an LLC. Borrowed some private money (family, friends, etc). After ma...
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I'm looking on getting 2 properties from a friend that he needs cash for other business but he can't do a mortgage, and I'm looking to buy some property's, so I was wandering if I can open an LLC and then have him t...
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Hey there everyone! This is my first BP post since my wife and I are new to real estate investing. We are located in East coast central Florida. We bought our first house last year after finishing college and are now ...
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Hi folks,
I've asked this question obtusely before, but I'm still not sure how to make this work.
I just finished reading Brandon Turner's blog regarding "I'm not the owner." In Brandon's article he mentions holdi...
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Closing on another duplex soon and would like to know how long you guys wait after closing to quit-claim the deed to an LLC?
Also, do you guys have the mortgage company ACH the mortgage payment from the LLC's bank ac...
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Hello,I am a new investor and I am looking to purchase a 4 unit multi-family in PA. I have two options to purchase this property, please let me know which option you would choose and why?1) Purchase the property with ...
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Hello,I am considering selling my duplex home this summer which has appreciated by up to 300k it has a very low current mortgage interest rate at 2.5%.Can I transfer this loan to a prospective buyer so they can enjoy ...
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1) Can you get a lower interest rate by getting mortgage as an individual vs LLC?2) What is the best way to transfer the individual mortgage to your LLC post-close?Thanks.