Sophiep To
Transfer duplex from personal name to LLC
I spoke to my lender and he said it would be best to talk to a title company that would transfer from my name to an LLC. He said it was hard to do that versus doing it in a trust. I spoke to a lawyer and does not reco...
Scott Titus
sub2 rental?
I have a seller that is current. He is upside down 30k on his home and wants out. Piti is 500, market rent $1000. If I took it sub2, and rented it, would I be risking too much on the due on sale clause? If the bank d...
Jon Q.
How to pass 1-4 unit investment properties to children
How can someone avoid probate and the due on sale clauses when passing 1-4 unit investment properties to children? What structure works?I'm most interested in hearing from people who have actual experience and have b...
Lynn Harrison
what is a "Lonnie deal"?
what specifically is a "Lonnie deal"? anybody have a link?
I gather they are re-sell deals w/owner financing. Anyone doing this in California?
Alan Negrete
Attorney & Title company for Subject To
I'm looking at doing my first Subject To deal. Do you guys recommend any attorneys and/or title companies in the Des Moines area that are knowledgeable in this?TIA!!
Lisette S.
Loaning money from self directed ira
Not sure if this is the forum to ask, but where could I find information on loaning money to investors for say rehab loans? I don't want to loan for more than 9 months. I have about 30K to invest. I recently funded ...
Mike Schorah
How can I convince my uncle to be my partner?
He is my grandmother’s brother and is 77 years old. He became a multimillionaire because of stocks in the mid ‘90s.He tried to help me start an eBay business back in 2005, but there were too many obstacles. I never se...
Sean Dezoysa
Buying on seller finance, selling on land contract: how to secure
Let's assume this scenario:A-B sale. Seller sells a house for 10k down, 190k note secured by deed of trust in first positionB-C sale. Investor resells house on a land contract, 15k down, 200k note secured by deed of t...
Deanna McCormick
Seller options for private sale of SFH finance options ??
What would be option for financing I could suggest to a seller of a single family home.Owner (seller) contacted me and want to sell us their house, the owner is ill and son has lived with him for past 8 years, They wo...
James Harper
Reverse Mortgage meets Estate Planning
Hello All,
I think I have a great opportunity, but I want to make sure I deal with it the best way possible. My 63 yr old mother has a home in Santa Clarita, California that she owes $99K on a fixed 3.375% m...