Jonathan C.
Can you set up an LLC for properties financed through a residential loan?
Hi folks,
I own two rental properties as well as a primary residence -- both financed through Fannie/Freddie notes.
Is it possible to put them into an LLC? Is it possible to title future properties into...
Bat-Sheva G.
Fannie Mae "Temporarily Off Market" How to determine why?
Hi everyone! We just put in an offer on a Fannie Mae Homepath co-op. Fannie Mae countered and we accepted their counter offer. Then, about a week later, and without warning, the property was re-listed as "Temporari...
Gabe Chase
House Hacking at 19 years old. Buy brand new or a fixer upper?
Hi, my name is Gabe Chase and I am 19 years old and I am looking to get into real estate investing by house hacking. There aren't too many properties in my area that jump out to me as comfortable to live in or that ar...
Joshua Zdunich
Can a person be removed from a conventional loan?
Hello, My business partner in one of my short term rentals wants to be bought out. We have a conventional loan one the property at 4%. I don't want to refinance into a new loan because that would mean taking one tod...
Rich Rifkin
How the Mortgage Industry works
I've been teaching this for 18 years and many have asked that give a brief explanation.
Banks, Mortgage Brokers and Lenders have the same rates and programs everywhere in the United States. An advertised special i...
Brandon Fischer
tax consequences with inheriting income properties
Hi everyone, I hope this is the right place for this question, I found a few posts somewhat similar but I'm still a little unsure. I recently started a RE holding LLC with my brother because my grandmother is giving...
Umesh Chokshi
Getting rid of Timeshare
Hello Bigger Pocket Members,
My name is Umesh and I am a real estate investor in NC.
My wife and I own a Marriott timeshare in Las Vegas. We bought this about 13 years ago. We are trying to sell it but not getting...
Benjamin Hovig
Pre-Foreclosure - Owner Deceased
Hello,I am interested in everyone's feedback on the following:Property is a Pre-Foreclosure. NOD Filed 2 months ago. Sale date scheduled for 2 months from now. Loan amount is considerably lower than market rate.It ...
Amir Navabpour
More due on sale clauses triggered for LLC's in this rising rate environment
Thinking about putting several of my properties in an LLC, and wanted to gather peoples thoughts on a topic that seems to keep coming: What is the liklihood of triggering the DOS clause? I already have an umbrealla l...
Justin Dossey
Registered Agent for LLC
While doing an LLC is it advisable to be your own registered agent if I am wholesaling now and will eventually buy properties for rent. If not where would I search for one? Can any lawyer do this?