Hi Dani,When it comes to using a VA loan (Veterans Affairs loan) for real estate and the possibility of transferring it to a Limited Liability Company (LLC), there are several important considerations:Loan Transfer Restrictions: VA loans are personal loans guaranteed by the U.S.

He stopped the wire transfer after the closing.

Managing the $16,000 renovation budget required precise oversight to ensure on-time completion.

I know in attorney states that is a very foreign concept the thought of transferring title without an attorney..

Thanks for this info...followup question:  since we will probably want to do a conventional loan for a better rate and we have to take that title directly, would we then transfer the title to an LLC we create to protect ourselves? 

The best thing you can do is contact an real estate agent / broker who can run some comps and get you an accurate ARV range so you can forecast things more precisely and have a better idea of what these types of properties are actually worth and currently being sold for.

You'd have to engage a grading contractor who might be able to give you a ballpark estimate, but it would maybe have to be engineered with rough and precise grading plans to determine costs. 

Hey Brian,Here are some key considerations if you're looking to re-sell the property under the same "subject to" arrangement:Due-on-Sale Clause: Most mortgages have a due-on-sale clause, which means that the lender can demand full repayment of the loan if the property is sold or transferred to a new owner.

Knowledge of real estate principles, the title transfer process, and real estate laws specific to the county and state the subject property is located in4.

I plan to eventually transfer it into an llc I created once it is rented, and refinanced.