We opened an LLC to transfer the deed and have been working to get a consent to transfer from Chase.

I’ll still rely on step-up basis to transfer wealth, but I’m setting up the portfolio for the flexibility to be easily liquidated, or sold In tranches to efficiently trim.

You are basically saying that you would like to transfer the long-term maintenance and upkeep issues that are coming soon to a new owner.

Transferring the conventional mortgage to the LLC afterward will, in many cases, trigger the due on sale clause which will cause you to go get the commercial mortgage anyways.The DSCR loan could be an option.

If you have a loan, you may wish to look into due-on-transfer clauses.

As for transfering unit between housing authorities I think that is in the prospective tenants court to get the voucher transferred.

That dissuades people from paying cash and steers them to pay online using secure ACH transfers using apartments.com3.

You, of course need to have a written agreement with them before selling the LLC to them and you will need to officially transfer ownership of the LLC to them using the legal means mandated by your state laws (check with a local RE attorney).This strategy is better than a double close because it's less risky and better than assigning contracts because offers are often made under LLC's so will be accepted more often than offers that stipulate assignment of contract.If you are already under contract under your own name or under the name of an LLC you do not wish to sell (like your company LLC), and your contract is not assignable, then you may be stuck with a double close.

@Edward Condon transferring a qualified account to another qualified retirement account is not considered a distribution and is therefore not subject to tax or penalty.

It’ll link to your bank account so transfers in/out are seamless.