Foreclosure case was filed in court (Ohio) 3 months ago, mortgagors (husband and wife) have transferred ownership to me (an individual) via a quitclaim deed earlier this week and it should be recorded with the county ...
Hello BP,
Has anyone here ever put a contract on a property in Maryland using a newly formed LLC then before closing transferred ownership of the LLC to another investor buyer?
Hi members after doing refi in a BRRRR can we transfer ownership from self to an llc for asset protection or does that require another refi? Are they both unrelated? I'm concerned that when the property is assessed as...
Yes, I know I need to speak to an attorney and an accountant. I am just looking for some guidance. This property just came our way and we are trying to take action.My brother and I are about to put an offer on a pr...
Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...
Hello experts,
We have 3 rentals, 2 with mortgages, and started an LLC. We are buying more properties for sure and want to do things optimally. Does the bank allow transferring title to an LLC, or will require a re-f...
I'm looking at investing in a multifamily property as a first rental investment. It is currently rented to Section 8 occupants . This time of year, purchasing a vacant SFH with the hopes of renting during the holiday ...
Hi Team! Im finalizing negotiation on a property and taking on the tenant but in the agreement I’m requiring that the notice to vacate be served to the tenant based on the just cause reason of the sale of the propert...
I have a property in an LLC for which I am the sole member. What is the best, most efficient and seamless way to convey the property to someone else in the event of my death?Thanks in advance!
This is hypothetical:
I have joined a partnership with one other individual to purchase a multi-unit building. For simplicity of argument, I have performed 100% of the maintenance and improvement of the property. My ...