We have a SFH on a commercial loan under a single member LLC. I would like to get it onto a 30 year mortgage. Since it needs to be in my name for a 30 year conv. mortgage, can I purchase it from my LLC ?
I purchased an investment property 3 months ago using Lower.com for financing. Had a very great experience with them except for one thing. We purchased as an investment property under our personal names under the guid...
so i'm approved by wells fargo for 145,000 with 25% down. my rate is 4.875%. buying in the scranton PA area. paying no points. and here's the kicker which i feel is insane...$10,059.86 for closing costs and prepaids ?...
So I don't really understand the whole Refi and HELOC situation... I have a few questions.What are interest rates usually like compared to traditional residential mortgages?What is the difference between refi and helo...
I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it ...
We have 8 rental properties that are in our names but after reading some recent news articles, we want a better way to protect our personal assets and improve our credit score (due to a huge debt to equity ratio from ...
Bought the house in 2020 and have lived in since. Up to date on payments. Have lived in house since 2020. Conventional fixed rate mortgage which was sold to Fannie Mae shortly after originating. Wanting to turn into r...
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
I see the debate between LLC or no LLC.....I already have one. My first property I bought with cash so there was no issue. I'm interested in some of the great options available with STR arrangements and would like t...
Hi everyone,I called Wells Fargo, who services my loan & they said that the investor (Fannie Mae) won't let me transfer my house into a LLC. It was originally bought as a primary residence in 2013 but has since be...