My concern is that since the seller is still on the mortgage and title, at closing the seller will sign and the money will be transfer into the sellers account.

How do you transfer the funds?

With regards to transferring ownership after making the loan, you would need to be careful not to violate any covenants under the loan.  

My question is, after we move the deed to the LLC, would we have to pay the transfer tax AGAIN?

My question is, after we move the deed to the LLC, would we have to pay the transfer tax AGAIN?

Below is info I found on a lawyer's  website:Property is Being Sold Subject to HUD Guidelines 24 CFR 206.125This property is a Fannie Mae Reverse Mortgage REO.The code above allows an heir to purchase the property at 95% of the listed price.Other stipulations of this type of property include: Property cannot be sold below appraised value (LIST PRICE)No mediationNo electronic signaturesNo repairs, “AS IS AT TIME OF CLOSING”No buyer closing costs paid by seller are allowed on the HUDBuyer pays HOA Doc & Transfer FeeNo utilities are on.

A new policy just passed saying she cannot transfer over 50k per person per year over to the US. 

That being said, there still are a handful out there that will allow this type of transfer of funds between the two escrows.Keep in mind that your first course of attack for flipping wholesaling deals is to assign the contract to a new buyer.

Originally posted by @Candace Postell:And the fees that are associated with selling Yes- about 10% with realtors and carrying costs, state and county transfer fees, title insurance, etc.

If they tell you that the tenant said it was OK, politely explain that the tenant does not have the authority under the lease to give that permission.Make sure the utilities are all in your name and that nobody is authorized to turn them on or transfer the name without your permission.My recommendation is that you take action to have the person leave voluntarily or be removed as soon as possible.