Details: Purchase price: $50,000Loan amount: $40,000Down payment: $10,000Interest rate: 6%APR: 6.404%TIP: 116.332%Monthly principal and interest: $239.82/monthEstimated Taxes, insurance and assessments: $292/monthEstimated total monthly payment: $532Estimated closing costs: $8,247 (+$10,000 down payment)Breakdown:Origination charges: $950Appraisal and all title fees: $1,862Recording and transfer taxes: $800Prepaid homeowners insurance and interest: $697Initial escrow (2X months Homeowners insurance + 12X months $250 property taxes): $3,000Other (buyers personal attorney fee $450 + Title-owners Title Ins $405): $855Thanks again so much for your time and input.

Solo 401ks allow you to hold Roth 401k funds and still leave the option of transferring assets to a Roth IRA.

, but too late :-(     The property transferred to my brother and I about 5 yrs  ago via Dad's trust. 

What I was referring to though, is transferring existing retirement assets to a self-directed IRA or Solo 401k that will allow you to invest the retirement funds into real estate as well.

:)  I'm wondering about the details of how the transfer takes place from the current building owner to new building owner/landlord.

I wouldn't touch that transaction; if California has adopted the UFTA, that not only is a transfer not-for-value, but also a transfer to an insider, and should be rescindable, whether you keep it or wholesale it.

Fannie Mae just changed their rules a year ago that allows you to transfer the loan from your personal name to an LLC that you are the majority member of, without it causing the due on sale clause to kick in. 

If you may need to take money out to pay for personal expenses, transfer the money from the business account to your personal account, then pay your personal expenses from your personal account.

@Kevin Drouillard here are some ideas:- First month free so they pay security deposit, transfer utilities and move in.

Also any transfer fees that may be applicable?