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I own a condo and it is in my name.
No mortgage, in Florida. LLC is in FL as well.
I want to rent it out and transfer the ownership to my LLC. I have read that I need to get a Warranty Deed. Is it that easy? Would a...
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Does anyone have any experience with transferring a mortgaged rental property to a revocable living trust, where the trust is created by the current owner and is also the trustee. Does the bank holding the mortgage ha...
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Hi BP, I'm coming close to owning my first buy and hold rental property and came across a question regarding management. I'm going to self manage myself; however, in the event that I would need to transfer management ...
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We inherited a house which we are currenting renovating and plan to rent. Right now, the house is in my husband's personal name and we want to form an LLC and transfer from his name to the LLC. There is no mortgage on...
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Hi everyone - I am looking to invest in multifamily, and I learned that if I do conventional loan, for 4 units it will be residential loan and i will have to get it under my name. Then is there a way to transfer the l...
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If I purchase a multi-family in my own name, with a mortgage, how can I transfer that property to an LLC? If I transfer the property to an LLC, will my mortgage be called due? How can I avoid that from happening?
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We own a few multifamily properties. Those that are 5+ doors we have titled in the name of our LLC. We have a duplex that we purchased under our name and we recently deeded it to the LLC (we were upfront with our ba...
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Has anyone tried transferring an appraisal between Lenders well enough to detail the process? I noticed recent regulations on Home Valuation Code of Conduct and was able to get an electronic copy of the appraisal I p...
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Hello BP!I currently have two rental properties and both tenants pay their rent via ACH transfer into my bank account. It's pretty much a bank account to bank account transfer.Are there any downsides to electronicall...
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Apologies in advance for the long-winded newbie question. I know there are varying opinions on if/when putting a property in an LLC makes sense, but assuming you have a preference to invest in a property obo an LLC an...