Putting that much cash in the bank will (rightfully) trigger reporting to the Federal Government.

I met with a mortgage originator at one of the large bank in Minnesota today who told me that a transfer of a property under a LLC would trigger the due at sale/transfer clause.

@Noah Scott The biggest piece of advice is when you know you have a deal pull the trigger.

The original linked property was a great learning point: the agent repeatedly indicated he was unable to get in touch with the owners to consider my offer, which was competitive enough that it should have triggered a counter. 

Basically you put your property in a trust (won’t trigger due on sale clause for residential financing) and make the beneficiary of the trust a LLC, which you own.That’s the basics anyways.

We're willing to pull the trigger despite the shadow giants of fear and failure hovering over us and reaching into us to clench their mighty fists around our hearts, as they do to every person starting out in real estate investing.What did you do right starting out?

I have been wanting to get into real estate investing for a while but i didnt want to pull the trigger on any properties or deals until I felt decently educated, so I have been reading, listening, and studying as much as I can in the past year or so and bigger pockets has been a godsend.

Should I work on pulling the trigger on this place?

I had been wanting to go pro for almost a year, but hadn't pulled the trigger.

I am finally pulling the trigger, and getting my first deal done I close tomorrow 11/15.