Wanting to know if anyone knows of a way to reduce ownership % in condo complex. I currently own 10 units in a 35 unit complex. Have 4 units under sales contract but finding difficulties in getting buyers financed. ...
Investors,Please help me. I am buying a multiplex in Louisville, KY. My bank wants me to buy it in my personal name since this allows me to get better (secondary market) rates. I have a KY LLC. I prefer all my propert...
Hi All - my business partner and I jointly own a property in the Philadelphia area and we'd like to transfer ownership to our LLC. However, our property is still mortgaged so we want to ensure this doesn't cause any i...
Can a lender void a mortagage if an owner switches ownership from their personal name to an LLC and do banks charge higher rates for LLC's?
I'm trying to decide which route to take, I have a new LLC trying to build business credit. I purchased a duplex using my personal credit, trying to decide which would be the best approach in getting more properties...
Hello!
First of all thank you in advance for any help you may be able to give! My wife and I are looking at making our first investment in a property. It will be out of town for us, in her parents hometown. We are d...
Hi BP community,
My wife and I are excited to be in talks with a seller that has a duplex with which he has been successfully AirBnBing. Our plan is to live in unit B and continue the STR strategy for unit A. The uni...
Hi everyone,I have investment mortgage with credit union. I want to transfer my property under LLCBut credit union refuse to transfer it to LLC and they ask me to take commercial real estate loan for my rental propert...
With respect to the deed, I already understand that I need to Quitclaim the property to the Single Member LLC. My question is about the associated mortgage -- how do I transfer the mortgage to the LLC? Whenever I ta...
for those people who have done subto deals. Can you explain why it is more beneficial to leave the mortgage in their name instead of transfer into your own? the payment and interest rate would be the same regardless i...