James Masotti
Paying contractors via wire transfer
My contractor is asking for payment via wire transfer. Is this common practice for investors? I don't have an issue paying the fee on the larger draws to make sure he gets paid faster (I'm an hour away and sometimes t...
Gulliver R.
Transferring a note to LLC
If a mortgage is in my name (for a rental property) can I transfer it into my LLC? I heard via Quick Claim Deed is the way to go. But I just wanted to hear what some mortgage professionals or attorneys have to say abo...
David Sanford
Seller financed or loan transfer
I have a friend who recently moved and is having trouble selling their old house. They owe about $70k and the house is only worth about $80k. Is there a way i can take over their mortgage without having to do a down p...
Seth White
Transfer of Title to LLC
My parents titled a triplex to me in 2013 via quitclaim deed. The triplex was initially purchased as a single family home and converted to a triplex. My insurance broker is warning me that if I go to a landlord policy...
Alex V.
Kansas City Title Transfer Question
My partner and I acquired a property in Lee's Summit and would like to transfer the title from our LLC to his personal name (so we can get a FNMA conventional on it). The title company that helped us close the transac...
Kyle Johnson
Transferring property to an LLC
Hey All,
I was curious if anyone knew the process of transferring a property that's under your name to an LLC. I read online that I can do this using a quitclaim deed, but I wanted to make sure I do this correct...
Jen Roberts
LLC transfer to trust costs
I'm in the process of transferring some LLCs to my family trust. I would love feedback on what kind of fees attorneys charge for this type of transaction, especially since I know a lot of investors create an LLC per p...
Nate Hananger
Line of Credit transfer question
Say you have a line of credit for $50K spread over half a dozen credit cards. Most offer 12 months 0% for both purchases and balance transfers.Then you have an investment opportunity that requires either a certified o...
Mark Bookhagen
Transfer to LLC... additional insured?
Hi BP,I am transferring a property into my LLC. Do I need to be personally named as "additional insured," "certificate holder," or something to that effect?Thanks,Mark
Edward Burke
Loan Transfer to an LLC
I see many conflicting opinions on BiggerPockets regarding forming an LLC. Specifically, the merits of a umbrella policy vs LLC protection, etc. That's not what this question is. :)Everyone always mentions the inabi...