Hey guys, I have a property under contract and before hand I spoke with a title company and they assured me they do assignments of contracts but now after looking at the contracts they are backing out saying that since the price I got it under contract to is different from the price I'm assigning it to they wont be able to close.

So Ive been searching MLS for comps to compare a buy and hold rental to. I

It is common for you to speak with one HML and find that they have different rules on it than another HMLThe gift limit you might be referring to is the cash gift limit? 

My somewhat unfortunate first deal was selling my house to my ex wife, I did make money on it but not as much as i would have liked to.  I

I’ve had good success with Zillow and the sites they cross-post to. I

But I haven't had to make a "creative" solution to get paid & they don't speak with my seller,...they have no need to. I

Thanks,Alec Subject To is generally taken to mean that you are simply taking over their loan.

@Anna Toi-GB Sounds like you should walk away and find another contractor.  

Originally posted by @Jay Hinrichs:bone up on your tenant landlord laws its all in the books what you cant and can do.. but even in jest what your suggesting while prudent 30 years ago.. ( like we would just remove the front door)... wont work today.I did read that you aren't supposed to, I was just joking.

Also, unless you have a reason to, I would own the LLCs personally rather than through an S-corporation.