Of course your new one is a better home simply because its new.

Larry, That would be one method, but would depend on the lender.If the property has not yet been purchased, you could buy it using an LLC, get the commercial loan in the name of the LLC and then transfer the ownership of the LLC, but this would also depend on the specific lender.The best option I see in this situation is to use the land trust.If you do not care about the new buyer knowing what your profit is, why not simply assign the contract to him/her for yoiur spread, and forget about the LLC and land trust?

There is simply no deal here.

Bank cuts checks directly to tenants at year end and issues 1099's.

Getting your values from Zillow will not cut it.

But if they had simply made payments on their mortgage for 30 years, they wouldn't be getting thrown out.

It is a cocktail for disaster on many fronts.If a Seller does not like your fee, simply convey to them the cost of the pain they are experiencing.

Obama will allow the Bush tax cuts to end, resulting in a large tax increase for many.

However, I haven't been able to find a clear cut answer so I thought I would ask here to see how other Realtors are dealing with this. 1st Some agents are keeping the property in Active Status once they have received an offer and have submitted it to the bank.

Instead you simply need an end buyer that can get funding.