In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

I plan to build a 6 unit multi-residential building on the back of the property in the next few years which most likely will complicate keeping the current SBA-HEDCO loan due to restrictions of the loan.  

Whether it's helping with properties that may have complicated tenant situations or simply sharing some local market insights, let's chat!

Yes, this is complicated to understand.- Material Participation: For material participation (500 hours), spouses can combine their hours.

Then do your estimate of repairs (use a software or hire a contractor if it's too complicated for you).

Financing is much more nuanced and often deal-specific, though it doesn’t have to be complicated or sophisticated.More importantly, you seem to have bought into the nonsense that “off-market” somehow means “good deal.”

Don't allow something as simple as selecting the LLC's name become a complication in your business.

However, that won't work for several reasons:  1) The lender is not going to finance the $15k assignment fee2) The lender isn't going to consider the purchase price in this example to be $150k, they would typically use the $135k price in the original contract, and 3) In this particular example they may not even use the $135k price because it's not an arms-length transaction since it ultimately boils down to a deal between you and your father.I applaud you for trying to be creative, but ultimately what you're proposing isn't going to work and it's going to make the transaction a lot more complicated than it needs to be.

It is much more complicated than that though.   

Hi Everyone,I've been buying at PA tax sales for a couple years, Upset (liens included) and Judicial (liens divested), and understand the research needed ahead of time to protect myself from a bad deal.