I have a SFH currently paid off. I am in the process of getting a HELOC on in. Will I be able to transfer the property into an LLC with an open HELOC? Or will banks not allow this? Will the bank even know if I transfe...
Hello Biggerpocket community, I'm an investor from Charleston, SC.What is the "right way" to transfer the deed of an investment property acquired in your personal name into your LLC's in SC?Is it as simple as a quitcl...
BPers,I am closing on the house on 4/10 but the situation has gotten little more complicated. The seller's (Owner's) relative who managed this property is not surrendering the keys to the seller. Seller wants to clos...
Hello BP,I am about to move to another state where I will be buying another house. I would like to transfer my current primary residence to a LLC and rent it out. I currently have a mortgage on the property and do not...
Hi everyone,
Good morning!
We are transferring a rental unit from one LLC to another LLC. Both LLCs are s corporations and incorporated in maryland and are owned by the same members (entity).
Questions:
When we t...
Hi all,I recently bought my second home and am converting my first home into a rental property. I setup an LLC for my purposes of renting my first home and I am wondering if I need to transfer my mortgage / title of m...
I did see several LLC threads...very helpful. I want to go back to the attorney knowing more details from experienced real estate investors. I do have LLC’s and one is holding real estate with my father so some experi...
I have a property where I own 60% and another person owns 40%. I had to take the property out of my living trust in order to refinance. Now I would like to transfer it back. Can I do this independently of the other...
A common question I am getting from my foreign investors buying in the US is how they will be able to transfer funds to purchase property from their international account. Likewise, once they purchase the property, a...
I've been reading up a bit lately on SD IRA's and solo 401k and would just like some other opinions on what they would do in my situation.
The company I work at just sold and we have to transfer are Putnam company 4...