Kevin Smith
transferring into LLC
ok guys just to make sure i got this straight this is how it goes.
I own 4 properties that i want to transfer to my LLC, so what i would need to do is quit claim properties into LLC then after that follow up with my i...
Ryan Kaysen
Taking out a loan under me or my LLC?
I just started an LLC because of the tax benefits and the ability to utilize write offs but the loan terms are much more strict. I have some money for a down payment but i was hoping to buy more than one property. If...
Alex Furness
Understanding Closing Costs
Hi everyone,First time house hacker & brand new to RE Investing here! Looking to purchase my first duplex in the greater Philly area over the next 6 months or so. I've started seeing some properties and also recei...
YiBing T.
Does transferring title trigger sales and recordation tax?
Hello BPMy parents are retired, have a few rentals that we are trying to do a refinance on, but their debt to income is too high. I am planning to either add my name to the title or transfer the property to myself and...
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...
Elijah Goll
Refinancing a Portfolio of High-Yield / Low Value Properties
For the past three years I have been plowing my personal funds into the Indianapolis real estate market and acquiring single family rental homes in need of minimal rehab. I’ve tried to institute good fundamentals from...
Rafael Ortega
Buying Real Estate under LLC or your name
Hi Team,
I have two properties under contract ( single family homes). Should I buy them under my business name LLC or just under my name? these will be my very first rental properties. I will use hard money lend...
Michael Kulusich
Moving Rental into a LLC
I need to take rental property out of my name and move to LLC . I called my current Lender and they have informed me they do not Lend to LLC ‘s I believe I have read somewhere that most banks will not carry mortgage ...
Rick H.
DUE-ON-SALE-O-METER
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
Henry Kicera
Buying an established LLC
Hello everybody,
I've found several (3) properties which interest me. They all are owned by the same LLC. The person who I've been negotiating with is the principal of the LLC.
She suggested that one a...