I know you get under contract with an llc where you hold ownership, then transfer ownership through articles of organization.

If there are too many title transfers (often more than even a single transfer) in the past 12 months, it may be very difficult for me to resell to an FHA buyer, as the property would be "red flagged" by FHA due to "excessive flipping."

One, the bank could call the loan due when it learns the property has been transferred into a plan.

my wife bought a condo FHA in 2004; we got married 3 years ago and, due to market, became an "unintentional landlord." i bought my home in 2003 w/ 20% down & last month needed more space so rented out my home & bought an owner occupied (20% down) & doubled my square footage. i also have managed a property the past 3 years. one of my wife's friends was getting transferred out of state & heard I landlord.

It's useful and necessary to submit the form if the transfer exempts the property from a property tax reassessment.

Like I said it was expensive but the only way I'm aware of getting a transferable title.

Here are the facts: 1) Bought home as primary residence in Clarksburg, WV shortly after I was transferred there following 9/11.

I have used a credit partner with the following terms and it worked well for both parites*Credit partner purchases property in their name and immediately transfers to LLC*50/50 owners per LLC operating agreement*Each partner fronts 50% of down payment and any renovation that is needed.Its a great way for an experienced investor to add a property without another loan in his/her name and a great way for a new investor to learns the ropes from an experienced investor.

Sticking with one title agent to do both closings is definitely a lot simpler since they already have the funds & deed from A-B and can easily transfer to the B-C closing.Hope this helps...

@Jordan Schlick: You should let them know that 25 business days is the longest they have to process a transfer request as per the banking regulations (assuming that the documentation is accurate).