Take advantage of fha first time home buyers benefits before you make too much.

The reason many loans are not available to LLCs is that loans are sold to the secondary market and that is one of the rules of most secondary buyers - no commercial loans.

One thing I have learned so far is that some insurance companies will insure you for the replacement cost of the dwelling, however, others will just give you a buyer's policy for up to a certain amount. 

If you ever mention the 70% rule I will hunt you down and disown you!

I'm in Atlanta, GA, the subject of cash buyers was discussed and he told me that there were limited cash buyers in the market.

Transfer tax is now 4.278%, typically split 50/50 by the buyer and seller.

@Kyle Mitchell You could google your location along with the phrases 'we buy houses', 'sell your house fast', 'cash buyers', or similar phrases and you will see wholesaler pages come up. 

If one wholesaler put prop under contract with seller/owner, but has no buyer.

So to Sum it up, when this option gets recorded on the title, Say something happens, Would the Heirs, or other potential buyers need to clear it up with me first before moving forward? 

It will usually go off of what the buyer and seller need to get for their numbers to work as well as the market.