I don't have a problem purchasing in my name and then transferring title to the LLC, or purchasing as the LLC and personally guaranteeing the loan.

I want to make sure when I transfer ownership there will be no surprises : ) I believe everything will go smooth and good.

Can you give their contact data if so?

As of right now ill be specializing in HVAC which i think will transfer well into my real estate career when i embark on it.

In most states it is not necessary to have an attorney for title transfer.

Most agent listing agreements have a clause that if the listing is cancelled and teh property transfers title within 6 months or 12 months after the listing is cancelled, they are entitled to their commission.

recording a deed is not illegal. that what a classic "sub2" is. you are taking the house, by a transfer of deed.

Only down side is paying TN transfer taxes twice, but that's not a bad deal for the security of holding the deed.Thanks for your help.

You mention property taxes, so please remember in California it doesn't matter what the taxes are, but what they're going to be, Upon transfer of title there is going to an adjustment from the old prop 13 rate to the current rate.As for out of state investing from California it would be wise to remember that we are thought of stupid people with more money then brains who will buy at top dollar or more because we base our decisions on the relative price differences.I was in the Midwest awhile ago in a place where anybody with $10 and a normal range IQ and a little knowledge should be able to make good money.

In another post, it was mentioned that I could purchase a property (4-6 units) under my personal name and then re-title it into an LLC after the sale. Has anyone done this, or should I really set up the LLC first?

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