Mike Abbate
Buying property from parents: how to draw up contract?
I am being offered a property by my parents for well under market value but need a contract to proceed with mortgage under writing. How can I get a contract drawn up to present to my mortgage company? Obviously, since...
Angela DeBorja
Looking for a title company
Hello, I am looking for a title company/agent/attorney who can assist with changing the name on the deed of a property in Baltimore city that we are trying to liquidate for my mother in law. The property is currently...
James W.
Co-op Auction?
Anyone with experience in Coop Foreclosures? There's a coop auction coming up in my area.I wonder - if i win the auction - can coop board decline to give me ownership? If there's no deed - what will the bank transfer ...
Arkadiusz Szejgiec
Should I create an SPV?
If a property belongs to XYZ LLC, does it make sense to also create an SPV ( special purpose vehicle) that would be owned by XYZ LLC and transfer that building into the SPV ? My attorney recommended it to create ano...
Tyler Labelle
Does anyone else use Dwolla?
Geez when a tenant initiated payment it takes a week or more for it to clear then 3 days to transfer it to my account. Am I the only one using it? Just seems slow for an electronic payment these days.
Otis Dominique
Fraudulent transactions Anonymous LLC
When using a service as the organizer of your anonymous LLC, hypothetically if you transferred a paid off piece of property in it, what would keep the service from conveying the property as it wishes? (There is nothin...
Stuart Dangar
Non-Arms length , NOO, LLC owned, stable rents, want HELOC or LOC
House gifted. Thn transferred to LLC. Considered Non-Arm’s length. Repaired. Rents seasoned 7 months. Need a HELOC or LOC? 50-60% LTV. Val $100k . Free n clear.Conv. lender no go due to LLC.HM says won’t because LLC i...
Denzell Hawkins
Warranty Deed issues, Is there a way around it ?
I currently have a property under contract, the "owner" that lives there got the home transferred to him via quit-claim deed. But we need a special warranty deed signed by the initial owner, since it was never warrant...
Jack B.
No demand feature on my loans.
So I've been worried as of late about buying more rentals out of worry of the loan call provision. I read one a long time ago when signing and mis-remembered the terms it seems. My loans can be called if I sell/transf...
Swetha Reddy
Rent out condo or sell
Hi all, we bought a condo in may 2019 for 2,30,000. Currently paying mortgage 1200/m ,hoa 205, taxes 800/month. Can rent it out for 1800/m. Moving to different state have to give it to property management, theywill ch...