Over-inflating the purchase price to account for closing costs could be seen as fraud or could trigger issues with the loan approval, especially if the appraised value doesn’t match the inflated price.

Caveat: Rule of thumb is to not do more than 1-2 of these short-term transactions, otherwise, you could trigger UBIT. 

So I shorten my reply, remove some triggering words and my reply goes through. 

Once ownership is transferred the clause is “triggered”.  

Assuming inspection doesn't turn up anything unexpected.I told my agent I thought $280,000 is a no-brainer and $300,000 I probably can't pull the trigger.

I'm curious if any of you pulled the trigger and if so whether you have any observations you might share?

Transferring a property with an existing mortgage to your LLC can sometimes trigger a “due-on-sale” clause, which could require you to pay off the loan immediately.If you’re thinking about expanding your rental portfolio, switching to an LLC could give you more flexibility and protection as you grow.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern and will be exempted.

Most of you probably have and that is what a is called a trigger lead.

In general, selling an investment property triggers capital gains taxes, which are calculated based on the profit made from the sale.