Assuming you're looking for owner occupants to purchase your properties, by far the best way to find buyers in this market is to list on the MLS...Second best way is to offer a bonus to the buyer's agent -- say 3.5% or 4.0% instead of the standard 3.0%.Of course, make sure that the property is the nicest in the neighborhood and is priced below market, and don't be stingy on the concessions you are willing to make (paying closing costs, paying for appraisals/inspections, etc).If you have the best product at a great price and treat your buyers/agents well, it's hard not to get your properties sold quickly...

Like you, Charles, I always have a good grasp of what my personal balance sheet looks like -- to me, this is much more interesting than my business balance sheet, as the business balance sheet treats some assets in a way that aren't useful for assessing my financial situation (for example, using market value of the assets as opposed to basis).Plus, my lender requires us to do a personal balance sheet every year, which forces us to break things down to the penny as well...

If this can be done and after the loan has been approved, is it possible to transfer our unit back to us out of the LLC and treat the 'new' unit as a rental for tax purposes?

I see that pretty often here in CO on investment properties.Forgiven debt is treated as taxable income by the IRS.

A group treating people like this, sadly, is the exception to the rule.

Semi-annual payments, balloons, etc. all add some risk to the note holder.Collateral is treated differently as well (think SFR that is O/O vs.

Many are hard working blue collar types that do everything they can to support their families, and treat the property like their own.

That would be a prohibited transaction.I think you may be able to treat the property or contract as a contribution, though.

The IRS treats a land contract as a sale.

Treat every single person the same, always and forever!