Best I can tell from previous posts on the site is that if you are having a problem with your DTI ration transfer properties to an "entity"(this is the usual word choice with little insight into what kind of entity the poster is referring to) However, when you dig a little deeper, it seems to be that even if you own property in an LLC if you sign a personal guarantee (which they pretty much always make you do* it all falls to you in individual, and therefore counts against your personal DTI ratio, which at least for this, seems to defeat the purpose.* it seems if you have an LLC with 2 years of tax returns, you can actually have the business get the mortgage, and not have to sign a personal guarantee.

He/she cannot, they will eventually be in breach of contract since the contract requires transfer of title to the buyer upon payment in full.

There has got to be a way to pull this data out automatically.Any insight would be tremendous!

Hello BP,Has anyone here ever put a contract on a property in Maryland using a newly formed LLC then before closing transferred ownership of the LLC to another investor buyer?

They have just notified me that one of them will be getting PCS orders to be transferred soon, and will probably leaving in Feb 2016.

In God we trust, all others bring data!

You need to find out what fees are involved in the transfer as some developments charge high transfer fees.

NYS and NYC transfer taxes on the buy side will be 1.825% of the purchase price.  

I fact, my last lender made me sign an agreement saying I'm not at any point going to try and transfer the loan from my name to an LLC.With that said, the last portfolio lender I spoke with said they can do an LLC or my name.

As far as I know, all three have experience in everything from a mop-and-paint to new construction.If you're looking for data support in Snohomish County, I know @Doug M. has been doing a fair bit of work with analytics, might be something you'd want to look in to.As for me, I'm just a small time buy-hold rentals guy, but maybe we'll have a reason to talk business after I wrap up my current purchase, or just shoot the breeze at the next BP meet-up.Cheers, and welcome to the community!