You run title.

Quote from @David Ramirez: Call remodeled comps in the area that has been bought and sold within a year Especially for this method, you can paste the addresses in propwire and look in the chain of title to see the last owner before it was sold after being fixed up.

A little context: the building is structurally sound and they have done major updates such as septic, generator, and sprinkler system, and all mechanicals are recently inspected and tagged.

(where you acquired title to their property SUBJECT 2 their loan) We've been told that ONLY a PERSON (an individual) having the capacity to contract is QUALIFIED to act as an Attorney in Fact for an individual.

As for the refinance aspect, if you're going from LLC to individual (or vice versa), at my shop you would just transfer title into (or out of) your LLC at the close of escrow, so that part is no biggie.

with a flip, a firm majority of lenders on the permanent refinance side require a minimum of 6 months of title seasoning.

Another big one would be $3367 in Lender's Title insurance.

Make sure you have a good lender and title company.

Turn key actually started as a BRRR method the turnkey resellers on the west coast hooked up with mortgage lenders and marketed the brrr what they needed was HML like us. to put the Brrr buyer into title so they could refi..

Once title company had finalized title search, seller decided not to follow thru with the closing.