How would a variable purchase price work if you’re transferring ownership at closing as a sub-to?

Some banks, however, will allow you to do a "transfer of ownership" to move the property back into your personal name when refinancing, but it could involve additional costs and paperwork.Hybrid Approach:Some investors choose to buy property in their personal name, refinance with the bank for better terms, and then transfer ownership to an LLC after the refinance.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

  ( I'm not interested in opinions on LLC ownership or pass through entities and the various tax advantages of those structures - It has to be a C-corp (but thank you anyway)). 

You hold a contractual right to ownership of the property after you pay them ___ amount. 

I'm just thinking as a buyer.A great example is I often see duplexes being sold separately where someone has 50% ownership.

Hey Justin, You sound like a prime candidate to take advantage of section 121121 qualifiers Must live in the home in the past 2 of the 5 years 24 months non consecutive required Must have owned the home for at least 2 years Only one spouse needs to meet the ownership testBoth spouses need to meet the use test Neither spouse has excluded a gain / used section 121 in the past two years Must file jointly for the 500k exclusion

Home ownership is awesome and being a part of it is a truly rewarding feeling2.

**Due-on-Sale Clause**: The existing lender could call the loan due when the property transfers ownership, though this isn’t common if payments are made on time.2.

Happy to talk about any aspects of PM from both the ownership side and as a PM operator side if you think it would be helpful, but I would want my PM to use an attorney and I would be happy to pay it.