Vivek Jalahalli
Using Credit Card Balance Transfer as Down Payment
If I get balance transfer from 3 cards totally $30K and then add up my personal savings of $30K , totaling $60K to make a 20% downpayment for $300K rental investment.Does banks have problem providing mortgage loans ?...
Ponni Carlin
Transferring properties into LLCs
Hi All, I have been hearing a lot of super varied information on transferring properties to LLCs and if the mortgage companies will invoke the due on sale clause. I talked to my mortgage broker and he is very confiden...
Joe White
Can 403K Funds be used as SDIRA w/same employer?
Can 403K Funds be used as Self Directed IRA if I'm still employed by the same employer that originated and implemented the 403K plan?
Andrew Burrell
Utility Setup - Arkansas New Construction SFH
Hi all,I am the owner of a brand new, new construction SFH in Fayetteville, Arkansas. I have not set up internet or any other utilities, as there have been no tenants living in the property since I closed in late Febr...
Nigam Shah
Rental as LLC or Individual Owner?
Hello everyone!One big question I have is - Are there any downsides to transferring A 30-year conventional loan to a LLC after closing? Any risks or fees one should look out for? Anything specific to Cook county?
Justin Witt
Quit claiming Deed to LLC
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...
Lyn Green
Does my Rider delete my "due on sale" clause"?
In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause. It reads "If all or any part of the property or any in...
Sarah Nguyen
Transfer Utility To Tenant After Move In
How long after move in should I give the tentant to transfer the utility to their name? Do I need to put in the lease? In return can I require them to leave the utility on for 5 days after they move out? Thanks
Eithan Aurelius
VA Loan- transferring title to an LLC
Good morning,
My question, to be as direct as possible - Does a quitclaim deed to an LLC count as a sale/transfer or disposal of a property?
VA loans stipulates that a property needs to be disposed of before entitle...
James Siller
Un-annexing property from city limits
Does anybody have experience with Un-annexing a property from the city limits? What’s the angle? Are their any benefits of the city? I can only see disadvantages from their side, in that they would be losing control...