The closing date is the date means when you close and when payments from the borrower would transfer hands.

As for the refinance aspect, if you're going from LLC to individual (or vice versa), at my shop you would just transfer title into (or out of) your LLC at the close of escrow, so that part is no biggie.

I would first contact your mortgage holder to figure out the process to transfer the debt to an LLC. 

After paying the tax, you can transfer the proceeds to your partner. 

It seems like a great platform (they call the sellers and vet the leads for you, then transfer the call so that you can try to work on acquiring the property).

How would a variable purchase price work if you’re transferring ownership at closing as a sub-to?

What I'm trying to figure out:  Is there something that is a legally binding document that the corporation and I could enter into that would show that the property is a corporate asset without being on title and allow me to circumvent title challenge Ive just encountered on transfering the title to the corporation. 

For the use of my funds, I charge you 2.5 points which amounts to $3125 plus a small administration fee of $495 to cover my wire transfer costs, document review and preperation costs, attorney fees, etc.The B-C transaction closes and on the same day, so does your A-B transaction.

With that.....QST: Because this is a divorce situation, can this be done without tax implications in this case just like any other IRA transfers in a divorce situation?

Hi @Sanya WuNot sure if there is a way to verify payment history but I would also ask about the security deposit and make sure that gets transferred to you during closing!