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Jul 28, 2014
10:48:42am
Mortgage will have to stay in your name. Create a separate agreement where your
Partner assumes half of the mortgage and buys out your equity. You can then set up an llc and transfer title but work with title company and insurance company that know what they are doing do you don't trigger a due on sale clause. Future properties you will have to buy individually and then transfer like this. Banks lend to individuals not llc on single family homes.
johnnybyu
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johnnybyu
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