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Unfortunately, not knowing one of the relatives took it upon themselves and inform the lender that they will be transferring their title into a trust.

You would handle that separately with your lender or mortgage broker.At the closing, you would likely deal with both parts of the transaction - the loan and the property transfer.

I've thought about seeing if the seller would do a carry back but not sure how that all works.Asking $100kAnyway... couldn't I (in theory) put down $20k finance $80k and after transfer is complete refi to get some cash back out?

hi - if i transfer an investment property i own to my 18 year son, can anyone advise on tax implications for me and him?

However if you think it is not properly titled in yours or your wife's name the basis will be generally be the cash outlay at transfer plus improvements and any other costs involved in acquiring the property.

So you plan to sell the house, and ask the mortgage holder on the house to transfer it to the duplex?

Get educated, don't discriminate, do the right thing, and you should be able to bridge the gap until you get your umbrella policy.It's a plus that you aren't in King county.Most of property managing is transferable to other markets, there isn't that much that is specific to an area.You're probably looking at 10% of rent to the manager for the fee.We decided to manage ourselves, to be more in control of the maintenance and I feel strongly that I can rent a place faster than the property managers.

Also consider the reserves, you might consider an inter-service transfer if you want to get away from ships, you may be able to go to any service.

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?