Most people will get the loan in their name first, and then transfer it into the LLC after.

Yes the penalties are high, so if people think they might be selling when they renew their mortgage, they get an open rate mortgage that allows them to sell with less of a penalty than a closed rate mortgage. 

My tenants are decent people and I let them know that I hate these kinds of conversations and if other people are complaining then clearly there is a pattern here that is wrong on their end. 

That means there are sometimes you have to get people off the list who are not opening your emails, or buying anymore, and add people who were buying years ago stopped, and now are back in.

Either way...... gotta love The Heights......people will pay that amount to rent .,,,,,, instead of building wealth

It's so important to surround yourself with strong people (i learned that the hard waY...) 

On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.

This deal is not exclusive by any means, just trying to help people get deals done. 

Your relative is not a tenant screening service and you should not accept tenant placements from people you know.

People of all experience levels come and share their insight!