Cory Dean
Newbie: FHA Transfer To LLC
Good morning everyone!Me and a business partner are in the process of forming our LLC, in Dallas Texas, which will own all properties we buy and hold in order to build equity.Due to low investment capital up front, we...
Sean Connolly
Transfer of tenants after sale
Hey BP,
Currently under contract for a 3 family. When being shown the property, I was told one tenant had a 6month lease for 750. The other (Sellers son) was on a month to month lease for 550, family discoun...
Mark M.
Miami-Dade Transfer Tax Verification
As stated on the Florida Revenue site, Miami-Dade County is an exception, where the rate is $.60 per $100 of consideration (or portion thereof) when the property is a single-family dwelling. If the Miami-Dade propert...
Emily Phipps
Transferring deed AND mortgage balance?
I posted this on the RE Rookie fB page, as well as the BP FB page, but figured I might as well as here too 😬....We would be grateful for some advice on the following scenario 😊:My husband and I have lived in a house 🏡...
Shawn C.
Best way to transfer deed
I have an opportunity to take over a rental from a family member in Texas. They purchased it with a VA loan 2 years ago. They are okay with me assuming it, a wrap around or they said they’d gift it to me. Whatever...
Blake Jennings
Transferring equity with seller financing?
Hello BPU!I’m looking into trying to obtain a seller financing deal with an owner of a property. We plan on living in the SFH for a year or so then move out and leave it behind as a rental. How does one gather equity ...
Esteban Valverde
Transfer houses to an LLC
Hello BP, I have a question about creating an LLC. I am starting an LLC with my wife and father in law, but we currently have houses in our names that we would like to transfer to the LLC. What would be the best rou...
Justin Coulson
Commission transfer to down payment
Have any agents out there, who’ve purchased their own investment property ever transferred their commission to the down payment to avoid being taxed on the commission income? Also, seller is already paying my closing ...
Sammy Vazquez
Transfer Duplex to an LLC
I'm wanting to transfer our Cleveland Heights duplex to an LLC. I called the bank and after 2 hours of speaking to several departments, requesting steps to transfer the property to an LLC, none could give me a firm a...
Kelley Moffat
Tax Lien Certificate Transfers - AZ
It has come to my attention that it is possible to buy existing tax lien certificates (that are owned by another party) in all 3 counties where I bought certificates for 2019 taxes (several of the properties have exis...