We take title to them in a double close and do all of our deals with Cash or Hard Money only.

The ol' dishonesty deal. 

The amount of digital ink that is spilled on this site about LLC's and how to set up complex structures  by folks who can hardly be called investors is a bit maddening to me as it keeps folks from actually investing dues paralysis by analysis due to things that really do not mater a great deal.

I know I could do 1031 into the next deal, but what if I could keep the property and still take out the cash?

For cash buyers, this deal presents a more viable opportunity.If you can overcome the gross weather, look deeper in this market.

I have found an off market multi family property I think I could get a good deal but I noticed the quit claim deed when doing research and was wondering what the down sides could be? 

What made you interested in investing in this type of deal?

I just started two new investors with good, easy flip deals. 

What are you thinking about when you see this deal?

I also want to payoff the property to reduce my debt liability and make it easier for my family to deal with should anything ever happen to me.Are there any negatives to paying off the SBA-HEDCO property loan now?