A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!

The interesting thing is appraisers don't often realize or give huge credit a new plumbing, new electrical, new HVAC despite these items being very expensive.

Professional PMs use specialized tools to verify income directly with a tenant’s bank or payroll service, ensuring legitimacy.

This is a good opportunity in a strong market, and with your excellent credit and HELOC funds, you’re in a great position to make this project happen.

The credit unions in my area only work with bigger companies so just know I have already reached out. 

Short term (12 months), low loan to value with borrowers who have strong credit and significant assets.

@Iris Olivas Most local banks/credit unions can do this deal with lower fees and potentially rates than brokers.

Right now, I am an aspiring real estate agent specializing in investment properties while also in the process of developing an app!

Was the business credit enough to put towards a deal? 

Find an architect who specializes in this type of work, and who is very familiar  with the building department