Creating An Investment FirmHi Everyone, Brief Bio: Age: 25 Education: Finance MBA (Non-Ivy) Occupation: Securitized Products Group Internal Auditor at a Big Firm.

Forming a NEW LLC entity and then selling the interest in the LLC  OR a Trust and then transferring the beneficial interest in the Trust - That is an interesting work around...however your're right many lenders may balk at selling to a newly formed entity. 

You have to be cognizant of the fact that the day you fund the note, it will take close to a month to transfer the service, then borrower reach out.

According to the posted link, related party 1031 Exchanges are permitted provided you follow specific rules and guidelines issued by the Internal Revenue Service.

On years where tenants renew leases, ROI increases to 13.8% since the PM’s 80% of first month’s rent for marketing and putting a tenant in place is not required.A couple of lessons I’ve learned during this particular purchase:If you’re scheduling a wire transfer early, call the bank to make sure they completed the wire as scheduled on time.  

How would someone "buy" or transfer ownership of a property from a relative?

@Chris FugetPennsylvania has high transfer taxes upon purchase and sale. 

@Joshua D. really, you do need to confirm that he legally could transfer title to you. 

Some real estate offices hire part time people to answer the phones on the weekends and transfer calls.

I had always intended to have a separate account for business purposes.I just wasn't sure if I should: * "pay rent" to the business and then pay thr mortgage from the business account;* collect the tenant's rent into the business account and pay half the mortgage from the business account (the other half from my personal account);* collect the tenant't rent into the business account and transfer enough to my personal account so that I can pay the mortgage from my personal account.I was just looking for "best practices" advice.