The name of the game in the abandoned/vacant property business is to confirm everything).With these folks you almost always have to follow up consistently until they are ready to pull the trigger.

It is not 'technically' a title transfer that would trigger a transfer tax. 

Im close to pulling the trigger on a Rental property.

You can call multiple lenders and have the conversation where you go over current rates, terms, etc and they won't have to do a credit pull until your ready to pull the trigger.

Sounds like you have a good opportunity so go for it, or is this your first deal and you're concerned about pulling the trigger. 

They know several other folks that have been talking about pulling the trigger for years, but have never actually went through with it...

That way, id be ready to pull thr trigger in an industry where time is such a precious asset.

Moving properties from your name into a trust does not trigger the due on sale whereas a move from your name to a LLC can.  

and just like most newbie (or maybe some newbie), hesitant on pulling the trigger, and yes i know i have to just go ahead and do it. i'm asking, humbly, anyone that can help or guide me about funding/financing my first property. - i'm looking for a small mfh in lehigh valley area and have 40k to invest. house hacking is out of the question as my family is already established in the good old garden state. i was told by a mortgage person that it'll be better for me to refinance my house (cash out refinance) to get an equity and lower my payment so i can qualify for higher loan and maybe even able to purhase 2 properties. with the current rate, my interest will likely be higher than what i have now (currently 3.5% and  have about 11 yrs left on it). would you guys recommend doing a refinance in this situation (for a first rental property) or 40k give or take enough to start REI adventure. thank you in advanced for your time and i appologized if this post is confusing for those seasoned investor.

Foundation repairs would eat up all of my reserves and I can only pull the trigger once since this is all of my savings.