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Because I'm not local, I have been mailing checks to vendors & workers upon completion of jobs. However, many of them prefer to receive payment immediately upon completion and the mail takes a few days to arrive.(...
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Hello Everyone,
I am looking to get some advice from some more experienced investors. I have three rental properties that I would like to get moved to an LLC and out of my personal name. However, when I checked with ...
Hello Everyone,I have a property I just sold in Louisiana and I owner financed it. In Louisiana (Im not sure if this is every state) when you owner finance title does not transfer until the mortgage is paid in full or...
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Good evening BP,Can someone help me clarify what is the difference between a Subject-To vs a Wrap around mortgage? I've definitely done my share of research but I am trying to see if everyone has the same definition o...
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How does the conversation go between Lender and customer when asking to have the investment property placed under the LLC financing?
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With respect to the deed, I already understand that I need to Quitclaim the property to the Single Member LLC. My question is about the associated mortgage -- how do I transfer the mortgage to the LLC? Whenever I ta...
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HI, I am a new investor, looking for a property in Colorado. I am going into buisness with a friend so we will be forming a LLC. We were told by a lender today that houses are not purchased and money is not lent to LL...
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Hi EveryoneNew to the real estate investment game. We have recently purchased two investment properties in MKE and would like to form LLCs for each and transfer title. The process seems relatively straightforward on t...
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Thanks to the advice on this forum, I was able to get a cash out refi from a small, local bank in my area when no one else would consider me, which was fantastic. Subsequently I opened a bank account (in my LLC's name...
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I had one investor tell me before that they put their properties into a land trust and then owner finance the property without taking it out of the land trust. I had a hard time wrapping my mind around that. Any land ...