The other cheap update you could do is to but in some brushed nickel or oil rubbed bronze towel holders, toilet paper holders, etc (whichever matches the faucets).

The IRA account holder can direct the investments for a flip transaction, but cannot be personally involved as the contractor or personally receive any benefit from the transaction.  

Would they ask questions as to why I'm switching the name of the policy holder, or is it just that easy?

Atty doesn't know who the note holder is; he did seem blasé about the property.

Co-mingling funds in a bank account can be a problem as the master account holder has the ultimate liability.It may be that the op is exempt from escrow requirements if the property is personally held and on a cash basis, you'll be reconizing deposits as income deposited in your general account.If the property is in a business, you will likely be required to have an escrow account.

Maybe there is no lien holder on this property????

Hi, an offer is made and if it is accepted, an assignment is made and the note is endorsed over to the new holder.

I have run into two situations as of late where the title holders were racking up medicaid bills.

I’m not sure how well it may be perceived to have an LLC handle property management, drone photography, storage / estate auction re-sales, and a Real Estate Agent but I like the idea of separating that from our other incomes and running a formal business that we both are share holders to boost our reportable income.

I’d start with current mortgage holder, see if they’ll do a 2nd lien or unsecured line/loan.