Started By
Message

re: Renting out property without mortgage holder's consent

Posted on 6/28/14 at 10:46 am to
Posted by GulfCoastPoke
Port of Indecision
Member since Feb 2011
1087 posts
Posted on 6/28/14 at 10:46 am to
Do you plan to change ownership to an llc to avoid liability?

Are you worried about liability involved w renting house as an individual instead of a legally separate entity?
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 6/28/14 at 11:11 am to
let's say I go ahead and do a lease purchase agreement. what do I need to avoid to keep wells fargo from finding out? what i'm really trying to find out is what should I avoid doing or who should I avoid talking to in order to make this work.

should I not change my insurance? (seems very worrisome if something would happen and I end up have to cover the whole cost)
would signing a lease purchase agreement be ill advised?
should I inform the renters that i'm technically not allowed to rent it out? (in case something goes wrong)


appreciate all the help in this thread
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram