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I'm closing on my second SFH this month in west Michigan (Grand Rapids). I'm looking long term and decided to set up an LLC (2 actually, but long story). Now that the LLCs are set up I want to transfer the mortgage an...
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Getting ready to Quit Claim Deed a recent acquisition into a LLC. I'm aware of the due on sale clause risk, however, what is the effect if any on my homeowner's insurance? The homeowner's insurance is currently in m...
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Ok so I've done some reseach on what the difference is in a tax lien and a tax deed. found out in mass we have tax deed redemption at a 16% interest. so i was poking around my local tax lien database properties onl...
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I need some advice on how to handle this situation. I have a client who was referred to me. He has a house that he has fallen behind in his payments on. He has moved out and is now renting an apartment.
The...
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Hi fellow BP'ers, I'm going in on a JV with a fellow investor and we're both newbies on tax deed auctions. We're bidding in Michigan where all prior liens are excused in a tax deed auction, with limited exceptions suc...
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Hey everyone. Is anyone doing deed sales in Detroit or Michigan as a whole? I’d love to hear from you and see how you got into it, how do you find them and how successful or not you’ve been in this aspect. Also, if an...
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Hello Biggerpocket community, I'm an investor from Charleston, SC.What is the "right way" to transfer the deed of an investment property acquired in your personal name into your LLC's in SC?Is it as simple as a quitcl...
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The info I got from the Trustee's office was that the deed was registered with the Register of Deeds for purchaser as part of the sale. It still says we need to call and request that on their website. Can someone mor...
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Hello there, My name is Rob and I am new to BP. I joined because I have been lurking on here for a bit and learning as much as I possibly can about Tax Lien and Tax Deed investing. I am most likely going to pull the ...
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Hi everyone,
I don't know if this question has been addressed before (my apologies if it has since I couldn't find the right thread). I'm thinking of deeding our rental properties into an LLC (our lawyer suggested Ge...