The llc transfer is the easiest way to make that happen.

Hey Rollin,When transferring a property into an LLC from a personal loan of a business partner, you do have to update the title to reflect the new ownership structure.

If not, maybe you could transfer value from another project in your portfolio at a “not 50/50” basis to compensate you for the disproportionate outlays on your part?  

So, then you’d have change title to your personal name to refi using a primary residence loan, so you’d have to find a lender, FHA is out, which would let you Simultaneously transfer title to your name and refi at the same time…might need some luck on that one.Also it is Not a cash offer, which means you Already have the cash when you offer…..which is Why people prefer a truly cash offer, since there is No chance of the sale falling through due to the buyer being unable to get the loan (for their “cash” offer). 

@Leo Hunterthe smoothest workaround is to buy using your VA Loan benefit (seeing as the VA will only give it to you as a personal loan) and then transfer the title to your LLC - Read "How Do I Transfer Title of a Property from a Person to an LLC?"

The money was transferred digitally, but not part of the loan.Thank you!

I simply thought when I'm ready, I'll open a bank account and transfer it over.

What do you think about reducing the rent by $100 and transferring the utilities to the tenant's name?

Permits are also NOT transferable. 

@Brandon Bell  In general, yes if assumed the debt will be removed from the seller and transferred to you.