Generally speaking, if you are looking to live in the property or rent it out and be getting a loan from a conventional lender, you are better off putting under your name, simply because you'll have a hard time getting a loan otherwise.If you'll be flipping, an LLC is better but the capital you need upfront is usually larger.It all depends.Hope it helps.

Put your properties for sale and simply transition to the cheaper properties as your old ones sell in twos or threes. 

This might be your opportunity to cut your teeth, and get a return for you and your friends' money!  

I don't want to make up a long, exasperated post about myself so I will try to just cut to the chase.

If I were in your shoes now I would be as nice as I possibly can be and tell them you are fine with them leaving and will simply apply their deposit to the LMR.

In other words simply delaying paying the $120k tax for 10 years reaps you a $259K additional profit at 8%. 

Many people use relationships for leverage in business to get away with things and cut corners so keep this in mind.

Both these things cut into potential cash flow, so I am happy to accept $100 - $200 per door in cash flow, so long as my CoC return is at least 10% (outperforming what I could do over the long run by passively throwing my money in the stock market).

After hitting cap it's a $250 transaction fee. it isn't free, but very reasonable and on the cutting edge of tech in the industry.

Thanks, Adam Most HELOCs are interest only, so the payment is simply (balance * rate / 12). $25k * 5.5% / 12 = $114.58.