All Forum Posts by: Venkat Vankipuram
Venkat Vankipuram has started 2 posts and replied 5 times.
Post: How to setup CA LLC owning property in AZ

- Rental Property Investor
- Los Angeles area
- Posts 5
- Votes 5
Hello Dennis,
Thanks for your response. But, as CA residents , wouldn't we be doing business in AZ, hence liable to pay that $800 annual fee to FTB anyway ?
Are you suggesting that by setting up an AZ LLC, we could skirt the $800 CA LLC fee? That's not how I understood it.
Would love to hear more clarifications on this topic
Post: How to setup CA LLC owning property in AZ

- Rental Property Investor
- Los Angeles area
- Posts 5
- Votes 5
Hi all,
I am in the process of refinancing my AZ condo ( title in my and my wife's name). I would like to transfer title to a LLC at closing. Since we are California residents, what would the process be to setup a LLC to achieve this?.
Setup CA LLC & register that as a AZ foreign agent?. This route seems to be the best case scenario for future expansion to other US states.
Would appreciate all inputs into this
Post: Looking to cashout refi on a condo

- Rental Property Investor
- Los Angeles area
- Posts 5
- Votes 5
hello Sasha,
Thank you for responding.
The property title is on our names ( me & my wife) since 2019. Any recommendations on mortgage brokers?
Post: Looking to cashout refi on a condo

- Rental Property Investor
- Los Angeles area
- Posts 5
- Votes 5
Hello all,
I own a condo in Scottsdale AZ, that's currently on a seller finance. The current LTV is around 53%
I would like to cash out refi. I need advice and options on how to proceed.
Post: Debt Service Coverage Ratio Loans

- Rental Property Investor
- Los Angeles area
- Posts 5
- Votes 5
can we do cash out refi using DSCR loans?