Refinancing has more nuances than it seems, and so do closing costs.

A close friend of the family ,who was married, and had a house together got divorced and in between that time, she did a QC and removed her name from the deed.

The exemption allowed results in a “taxable value” of either 75% of the “ATI fair market value” or the final Current Fair Market Value for the tax year of sale, whichever is higher.

An agent is not guaranteeing you a purchase or a sale.  

Schools are not great.I would not consider that area anywhere close to AT&T stadium, but maybe closer than CA. 

You would need to close with the loan in your name, then quitclaim it into your LLC. 

Foreclosure sale price + accrued costs mean sale price on satisfies loan.  

However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.

We have explored disposing of the asset multiple times and the same comes up during sale.  

So why would you pay even close to what they paid at the peak of the market in 2022?