Hello, So, I have a rental property that I want to place in my LLC however my mortgage has a due at sales clause. Is there a way to place my property in my LLC without triggering a due at sales clause?
Hey guys. Just had an offer accepted on my first property. This property is going to be in my partner and I’s personal names, as we don’t have an LLC as of yet. We’ve been advised to close in our name, and then tra...
I’ve read that it is wise to buy investment properties as an LLC to protect yourself personally, but I’ve also heard that banks won’t lend to an LLC buyer. Catch-22? How do you do that if banks won’t lend?If you buy a...
I am a small spec home builder. I build under 3-10 houses per year. My bank will lend me to my personal name enough money to build a large spec home at a much lower interest rate than my HML. I want to know what would...
It seems that there is currently more financing available to LLC's than there are to individual investors at the moment. These were cash deals and I currently own both outright and have not refinanced yet.
Should I q...
So I am looking to buy a foreclosure. I need to get a HML since the property needs a bit of work and a conventional loan won’t work. The bank I found to do an 80% ARV cash out refi doesn’t close LLC’s unless it’s a co...
Hey everyone,
My name is Cade Howe and I have a simple question about mortgages. My parents are going through a divorce and the only thing keeping them tied together is their mortgage hey have together. I told my mot...
There must be a lot of trading going on in the secondary mortgage markets, because so many of our loans have changed hands recently and it has been super annoying. For example one of them has switched several times ju...
Hi all! I have one town home I am currently living in and hoping to rent beginning in 2023! (hoping to do a mid-term rental, furnished, focusing on professionals/traveling nurses). I know I need to get a credit card a...
I own 5 units. 1.Do I need to keep each individual security deposit in a separate checking account?2.3 of the units are in a 3 flat. Can I keep those together in one checking account?"Intermingling funds" makes this c...