When I look into a 1031 Exchange it seems that the funds from selling a property are meant to pay for costs of buying a replacement property. Ex. Purchase price, Agent commissions,Title insurance fees for the owner’s ...
I'm analyzing properties in Baltimore city lately. When using "MRIS close it" app, the monthly mortgage payment is almost $100 more and cash to close is higher when using Baltimore City as compared to Baltimore county...
was wondering can i transfer money from one of my corps to anther? what are the tax consequences?
My husband and I are under contract to purchase our first investment property, a fourplex. We are using a 1-4 Residential Loan under our personal names with plan to do a Deed Transfer to put it under my LLC post closi...
BP,Does transferring the deed over to your LLC provide any asset protection while your personal name will still be on the mortgage? As many of you already know, lenders don't like lending to entities as much. I though...
We purchased a non-performing note a few months ago that was slated for foreclosure not long after the note purchase. It was so close in fact, that there wasn't enough time to do a Substitution of Plaintiff and an As...
Hello BP,
I bought a property under my personal name, and I am looking to transfer to my LLC. The mortgage company said that it was no allowed. I did get the warranty deed under the LLC. Just need to figure out how t...
I'm looking at apartments and would like to assume the existing B of A mortgage. Anyone have success with a commercial mortgage assumption lately? Advice?
I recently converted a 1912 house basement into a livable space. The cellar is b.t 6.5 ft and 7ft ceiling clearance with a newly installed ceiling with insulation foam/fiber. However, there is still high airborne and ...
Hello BP, i read quite a number about using creative financing but how many of those may trigger acceleration & due on sale clause? I know seller finance and Sub2 can trigger it but what other types of creative fi...