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The lender said they prefer wire transfer in their payoff instructions letter.They also require the wire to include a bunch of information.I've never done wire transfer before...is it fairly safe & easy to include...
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Maybe this is just indicitive of the whole foreclosure mess, but I'm not sure how this happens. It seems that the property was foreclosed, then sold twice, ending up belonging to a Limited Partnership that does not h...
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We purchased a non-performing note a few months ago that was slated for foreclosure not long after the note purchase. It was so close in fact, that there wasn't enough time to do a Substitution of Plaintiff and an As...
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I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...
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How do people get 30 yrs fix loans on investment properties? the banks I have talked to only do ARM for investment loans.
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Hi guys, I have a question for you...Ive been trying to transfer my 2 houses into 2 LLCs but really worried about due on sale clause. (If the bank finds out I transferred a house into an LLC the bank can make me pay a...
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I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...
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I'm a newbie wholesaler here in pittsburgh. I got 1 deal under my belt so far and looking for the next one. I found a guy ready to sell his house. Half the house is in OK shape the other half is a disaster, Severe wa...
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Hi all,I know there have been dozens of posts re: LLCs but I'm having a hard time nailing down specifics. I understand I should consult an attorney and CPA for the nitty gritty, but can someone please walk me through ...
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Hi everyone! I've been a long time lurker and first time poster. This question has been on my mind lately and I hope someone can help clear things up.
Let's say I have a LLC established and I want to transf...