That was unsuitable for our needs, and we moved onto a different county.

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”Finally, ask your Title Company for advice regarding which instrument to use for the transfer; Quitclaim or Warranty Deed. 

.— Use only valid, written loan docs (note and security instrument) that fully protect them as the lender— Give them a valid, 1st-position lien on the property at no more than 80% loan-to-value (LTV)— Pay for a lender's title insurance policy— Obtain property insurance that fully protects their interestAlso, I see you're located in Georgia, a fast-foreclosure state that closes with attorneys.

@David M.a limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Copied from D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (09/09/2020)Fannie Mae has a rule that allows an exemption to the due on sale clause.

The deed of trust is the security instrument that secured the note with the property3.

We knew that hesitation could have cost us this incredible opportunity and inevitably make the deal unsuitable.

You should start with how much risk do you want to take on and what types of instruments can you use.

You would not be the first to start a band, THEN learn how to play the instruments.

If you sold it outright and put the entire amount of profit/equity into another instrument (such as an LP positon in a standard syndication) at 7% pref, you'd get $59,500 in a year. 

Click to link to our latest email to Owners & TenantsHey BP, happy April...if your weeks have been like mine then I'm sure you have had little time for organized responses and even less for productive posts on Bigger Pockets.In the interest of helping everyone by sharing our template for managing properties, above is the link to our latest video cast to both our owners and tenants - this is a really difficult challenge for a property management company because we have opposing needs, collecting rent at a time when increasingly tenants are out of work.The situation is exacerbated with Ohio's delays in processing unemployment (we have flooded a filing system that uses decades old software with an annual equivalent of applications within a month's time - Article) and increasingly stringent containment measures keeping more people at home unable to work.I recommend everyone attend the 2pm updates by our Ohio Governor - Mike DeWine, this has been instrumental in helping our organization understand the best control measures and the latest efforts to control the virus.