Hey Mike I wanted to know if I wanted to seel you my home with seller financing and I  wanted to transfer title to you the buyer. unlike contract for deed WHAT is the instrument they use in Wisconsin.

With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.  

It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.

You could convert them to a DSCR loan but then transfer them to a LLCWhat we have done is save for down payments and renovation costs, - buy properties that need work rehab them and then refinance them out making sure it meets our dti.

So before I transfer ownership back and start a seasoning period, I thought I would ask if there were any solutions I am not finding.  

You don't transfer the Deed, you write a contract whereby they will get a Deed once they pay off the loan.

The only slight red flag was that they only accepted payment via Venmo or wire transfer, but that's how I accepted payment when I was selling lead bundles, so I still thought it was worth a shot.

Once I get to a point that it is making enough per month that I feel comfortable taking money out of the business that would be when I get to the point that it is worth have a specialist assist me in all deductions, credits, and future items that will help me to transfer from a W2 to working for myself fully.

@Kyle McVay I self-managed my first 5 units and then transferred all new units to a PM.

Hey Folks!Looking at a property that would be a somewhat turnkey STR, it has great numbers and occupancy rates. Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligi...