I am not sure why realtors coordinated fee structure has lasted this long without being challenged.

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). 

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.

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

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

@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?"

One of our tenants in our 8-plex was convinced that a power transfer station about 5 blocks away was sending electrical surges that were making his light bulbs burn out.

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

Permits are also NOT transferable. 

If well coordinated, at a minimum that provides 30-90 days without being responsible for the mortgage payment.Investors exploring this strategy will want to emphasize efficiency and be sensitive to PPP (Pre Payment Penalties.)