Thank you.How about earnest money, is it involved in a lease option assignment arrangement?

Also, if the international tariffs remain in effect for an extended period of time, this will most likely create downward pressure on economic growth that may reverberate into multiple sectors. 

If you aren't planning on buying multiple MLS properties or working as an agent it probably isn't worth it.

I've had multiple people come and look at the projects, tell me they would get back to me with a bid, and that's the last I hear from them. 

I was wondering how should I go about checking the transfer fee for the title company to help me make the change from my personal name to the LLC.2. are there any stamp tax involved, or capital gain tax involved (unsure if the state recognise that as a "sale").3.

If you have any questions, I have overseen multiple flips in the area and have worked with many of the local contractors.

I mainly plan to use LLC for asset protection if anything goes wrong, it shouldn't involve my personal asset.

@Kirsten Goble I am a investor/broker in Detroit and specialize in foreclosures (property tax and mortgage) and have dealt with all sorts of lenders and banks, depending on the "restrictions" there maybe multiple options to accomplish what owner is looking for.

Might be an odd question, but this is something I have come across multiple times in my real estate venture.

So a while ago I heard James Wood speaking, and he mentioned a strategy that involved finding houses with loans that originated with now-bankrupt banks.