@Brandon Rush Wow, havent heard of that one, sounds like a great book, I love the concept of using others' strengths to combat your weaknesses and vice versa, I will have to order this book right away and give her a good read!

Im interested in learning everyday  and just working with someone who can give value and vice versa.

Just found this for you'There is a common misconception that transfers are tax exempt if you are the owner of an LLC and you transfer the property from yourself to your own LLC or vice-versa.

I am assuming that I will need 25% down for the conventional portion of the loan and about $10K-$12K for closing ( I think) or in your experience do you think I will need to come up with a percentage of the entire purchase price vice the conventionally financed portion ?

Sometimes it seems to be giving the value for the one unit vs. the entire building or vice-versa.It also pulls from nearby sales and while there are a few in that building at $200k+ there is one for $500k too.Judging by the comps that pop up the $200k range looks to be about right.Bob  

Perhaps look at this counter offer as a way to tie up the property and then look for the capital, rather than vice versa.

If you don't need the rental income to replace your W2 income and you plan on taking advantage of amortization, tax benefits , and appreciation vice cash flow, utilizing some form of leverage will allow you to have control of more units.

They buy more when prices are lower and vice versa. 

If you signed individually but the deposit was from the entity (or vice versa) they may pursue both if it makes sense.Around here yes signing the bid terms would create a contract.

If you pull this on them they will probably be pissed (which is okay you are the captain now).