how can my incorporation assume my property loans ?
917401
You would have to transfer ownership of the house to the corporation. This would probably  be a taxable gain for the corporation so I don't think it would be a good idea.
651649
Your site will be used as collateral security to grant you loan. There are loan against property available. Let me know, where exactly is your site and how much loan is required?
811675
Go to legal aid on Monday with your copies of all the papers including the receipts for payments. You may end up owning the mortgage company if all you say is true. I wish you the best of luck.
98349
ANY INTEREST AND ANY PROPERTY TAX THAT MIGHT BE INCLUDED IN THE PAYMENT
1063171
A copy of the lease contract between lessor (you) and lessee (tenant) is what the lender is going to want to see in order to qualify you for the loan. Multiply the monthly rent x .75 and subtract the mortgage payment on the property. They will also want to see a utility bill in the tenants name to verify it is really rented out and you aren't trying to buy another rental property. \n\nTake all other expenses and add the differnce from above. Divide your total (gross) income and if you get above .45 you may have problems getting approved for a full doc loan.\n\nFYI... there is no way of verifying that the amount you PUT on the lease contract is truly the amount of rent that is being collected. Even in cases where you are using tax returns to document income, you could have upped the rent since the previous years taxes where filed. In no way am I telling you to create fraudulant documents, that would just be wrong...
318777
First you need to find a lender that will allow you to close an investment property into an LLC. Once you have done that, you need to contact either an attorney or CPA for your LLC to be created. Once the LLC is formed, then you can close the property into the LLC with your lender. If you have already purchased the property, then all you need to do is transfer the property into the LLC. Hope this helps.
395437
You will determine your net asset value, which would be your share of the assests minus your share of the liabilities. Which would be your physical assests, your accounts receivables, you account payables etc.\n\nTo this you will add intandibles such as good will. Your periodic sales or profit figure should help you estimate this number. It make also depend upon how desperate the  buyers is to buy ur business.\n\nHope this helps
703046
You say you don't have the equity to sell to an end user though a Realtor.... then do you have enough equity that an investor will be willing to buy it?\n\nFor someone to assume the loan, rather than get a new loan today, the interest rate must be worth it, and it needs to be a fixed rate.  Make sure that if someone offers to have you "transfer" the ownership to them, that they either get a new loan or actually qualify through your mortgage company to assume your loan and that you get a release of liability.\n\nIf you don't have enough equity for this, then rent it out to people with good credit until you do have the equity.
48316
I posted some links to a couple of articles about business structures & how to figure out which is best for your needs.\n\nFor the actual incorporating, contact your Secretary of State -- that link is also below.\n\nHope that helps! I wish you much success & happiness in all your endeavors!
1135029
Basically, if the lender believes the new home will be your primary residence, then you can get a primary home loan.  Once you obtain a multitude of properties, you will find it extremely difficult to convince the lender this is the case.  \n\nDid you know that you need to tell the lender of your current mortgage that you're renting out the property?  I assume you obtained renter's liability insurance while rentin it out, rather than ordinary homeowner's insurance?
779400
It's best to have two or three banks in which will give you a construction loans on each house your building.  The construction loan should cover the cost of the land and 80% of the value of the home.  I hope that you already have your sub-contractors set up and ready to go, each sub will have to sign lien-wavier forms and you will supply that to the bank.  It's a lot of work but can be rewarding.  Good luck to you.
319989
you might be able to look it up online at the local county clerks office.  I was able to look up and actually download copies of my landlords mortgage and the deed to the apartment.
438836
The receiver doesn't have the option to just turn a payment into interest only.  You first need to consult the loan agreement as to how the payments are to be applied.  If the agreement allows him to do that, you are getting screwed because you will never pay down the loan and you will be in debt on the property forever.\nIf the payments are interest only, you can deduct that amount on schedule A.  You should receive a Form 1098 from them detailing the exact interest amount.  If you did not receive one, request one.\nJust a note - the cancelled checks may not be enough to substantiate the deduction.  You will also need the loan agreement or the Form 1098.
690599
Is that owing or owning a business?
1085331
Its this a loan or investment agreement?
752838
Assuming the following facts:\n\n1) You were the owner and had a mortgage.\n2) You sold the property to another individual on either an assumable mortgage, or with your mortgage company's permission "transferred" the loan to the current owner.\n3) The new owner failed to pay.\n\nIf the loan was assumable, depending on your mortgage company and how long the new owner has been paying, you might or might not be responsible for the loan.\n\nIf the loan was "transferred", based on the new owner's ability to get a loan on their own credit, you might not be responsible for the loan.\n\nHard to know without knowing the whole story and checking with your original mortgage company.
954760
Probably you may want to list it on the Web.\n\nIf it is not a one-shot situation: as in you are renting-out units, consider building your own site. A resource for this  is: http://selling-a-service.first411.com\n\nSorry - but you need to be more specific in your question so i took the liberty of sharing 2 possible options.\n\nHope this helps you. Good Luck!