They sent us the video, negotiated the terms over the phone then we sent an international wire transfer to the broker to hold the property.

Hopefully, that makes sense.My one current idea was to see if SellerA would assign/transfer the land contract to SellerB, and then just have SellerB restructure the payments.

How much of your life are you willing to transfer to your tenant?

you have a personal loan now and you want to quitclaim it to your LLC, the loan will remain the same. know that there are pros and cons to doing the quitclaim transfer.

No penalty for early repayment - refinance allowed after 1yr, but have to pay 'transfer fees'Blue: Loan full $217,500 while using my condo rental as leverage.

Lender does not allow me to transfer to an LLC (which can trigger "due on sale" clause in my mortgage).

If they carry the note, they can continue to get passive income in the form of a monthly check for the paydown of the note.They will still need to recognize the Depreciation Recapture in the year title transfer takes place, which can still sting quite a bit for those who have had the property a long time, but the Capital Gains taxes can be recognized little by little over the life of the note.

Everything is going in and out of my personal banking accounts with a 'separate' savings account to hold rent, ect in - but this necessitates a lot of account to account transfers.

I would also add that you may not get out of the Transfer fee, I know in Pennsylvania that does not prevent you from paying transfer fees on the property, the property is still considered sold, not transferred with the LLC.

This deposit goes towards the assignment fee that you get at closing.Here is how we state this in our "Assignment Contract""NOW THEREFORE for and in consideration of the sum of FIVE THOUSAND DOLLARS, $5,000, and other good and valuable considerations the sufficiency of which is hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement.Assignor agrees to receive and Assignee agrees to pay $1,000 of said assignment consideration as a NON REFUNDABLE deposit with the remainder to be paid on the closing date of said Real Estate Purchase and Sale Agreement."