After the 90 period is up you are able to sell the property, refinance it, transfer title or anything else you want to do at that point.In my opinion that 90 day deed restriction isn't a big deal because most properties don't close within 3 months and even if you rehab it and find a buyer who can close before the 90th day, all you need to do is explain the situation to then and tell them to wait until the 91st day to close.

You might consider recording a memorandum of contract, it clouds title, making it highly unlikely any title company will insure the new buyer's title without dealing with you first.

However, I don't know if I am supposed to start an LLC or Corporation before I get started or get an attorney or find a title company or just start putting out bandit signs and let everything else fall into place.

I own several rental properties, put my personal name on the title, and have significant equity in most of the properties.

Even though I would intend to close and take title to these properties myself, I dont want to get in situation where something comes up and I wont be able to perform.If you fail to perform on an REO, is the bank going to come after you for specific performance?

How should I vest title for a purchase of a SFH in Florida if I am buying it using my LLC which I own 50/50 with my wife?

One other thing comes to mind, and in most transactions, you need to tell the title company that you want a copy of the settlement statement at least 24 hours in advance.

You can get with a title vendor and look for mortgagee names that look private in nature and try and contact them.

These include, but are not necessarily limited to Origination Fees, Bank Fees, Attorney Fees, Title Insurance, Recording Fees, Hazard Insurance, Property Taxes, Transfer Taxes, Commissions, Home Warranties and Utilities.

Here is my question.I will be doing a back to back closing through the same title company for both transactions (AB and BC) both cash sells so it should be fairly painless.