Andy Lesko
Refinancing with title in LLC
There is the well-known risk of a lender triggering the "due on sale clause" if you transfer a property title into an LLC. However, are there any implications/risks to refinancing when the title is in the name of the...
Clementene Taylor
Holding a property in an out of State LLC.
Hello everyone, Question: I have a Delaware Series LLC. I'm planning to purchase a rental property in Texas and transfer the title to a trust in which Delaware Series A is named as the beneficiary. My question is with...
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Title and Qns Ans asking
Does wholesalers typical offer clear and free title for their marketing houses?Would they entertain questions from retail buyers?
Marvin O.
How am I protected in Seller Financing when seller dies
Not sure if this fits this category but I’m curious to know how best to protect myself as an owner in a seller financing agreement if seller dies and heirs choose to do something else with property?
Pauline Jones
Birmingham Al
A podcast said that the return rate in Birmingham, Alfor SFH is 12% or more return, renting tosection 8 tenants. I've checked out thereo's and tax liens and saw some thathave low transfer value amounts? Whatdoes tha...
Craig England
Transitioning storage software on new purchases
Hi! We currently use Storedge for our self storage software. Seems like a lot of mid to smaller size facilities use ESS. Anyone have tips for transitioning software and website when purchasing a new facility? Any ...
Ethan Hamilton
State of Nebraska Buy/Sell Agreement
I found this document on the state of Nebraska for real estate transfer and I'm wondering if I can use it as a buy/sell contract? Would I need to add "or assigns" and an inspection or "out" clause in case I can't swi...
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Owner financing facts
Anyone would elaborate about owner financing?1) Does the title get transfer to buyer while servicing the owner loan?2) Does the buyer or seller agent would be drafting the contract for the financing?3) What are the ty...
Account Closed
Deeded properties
Somebody please correct me if I'm wrong. It was my understanding that when you had a mortgage with a lender they held the deed until the mortgage was satisfied. If this is the case how would you get the deed transferr...
Michael Corso
LLC: Should we or Shouldn't we ? Whats your thought ?
In being in the mortgage business i get a lot of people wanting to put title in their personal name. At the same time there is a nice request to put all rentals under 1 LLC entity. What is your thoughts ?