You will need to have the broker as the signer with the title Trustee.All of your payments should be deposited to the Trust account.

Hi Everyone,I am making a commitment to be more active on here, and going to try to post here a few times a month and also answer questions from my perspective for the younger investors.As the title suggests, I am a long time RE investor, have 3 properties 2 of which I rent out (one is cash flowing $700/mo , YES) I control 1M in assets, have about 250k in equity total.

Hello Murray, Assuming the new owners are interested in selling, you'd want to offer enough to help them cover their transfer taxes, legal/title fees, other closing costs, and possibly their moving costs. 

Title company is asking for an Uninsured Title affadavit to refi out of a hard money loan.  

My apartment is identical to non-hotel-apartments in the same building, but was classified as a hotel apartment upon purchase by the owner.

I hope you like smokers, because they all smoke like chimneys and have no regard for flicking butts on your property....eventually my parents went on a trip and of course the sober house people had a perfect view of them loading up their luggage, and what ya know after 25 years of not a single crime...they were burglarized, by a homeless junky ******* that was friends of one of the residents or was a previous resident....The sober house operators were ******** and not cooperative....their are more than a few of their patients were loud obnoxious gang banger types, giving the hard stares and intimidation types of attitude.Lastly.... on more a general note... the affordable health care act made some seriously horrible changes to the way insurance can deal with addictions....it used to be that their was a limit to how many sober claims a patient could make, and then the insurance company turned off the tap....now, a patient can relapse as much as they want and the insurance has to allow them back into another sober program...it essentially incentivizes the sober programs to fail, because it assures them a steady flow of repeat customers.Lastly, I found the few sober house operators that I came into contact with, during this time, to be vile phony insurance fraudsters and street urchins, acting like their title made them actual healthcare providers.Just my 2c...and sincerest apologies to the 10%(if that) of the industry that are a really providing a quality and ethical service.

In my mind, at least, this eliminates this “send $650k to the title company with instructions to send it back to you”.  

Get with a title company in your ares that closes these type of transactions. 

If you want your LLC to be respected for liability purposes, it should have an operating agreement, bank account (so an EIN) (this will also require disclosures to the bank on your identity), and for you to full respect it as a separate entity from yourself. 

I've been here 14 years and have seen the site ebb and flow, occasionally being taken over by over bearing folks with a gold star in their title.