If the seller is an owner occupant, he may have an LTV much higher than any investor can obtainThe main benefits to a seller is that the transaction is quicker than a buyer obtaining new financing, and that he may get a higher price because the buyer does not have fees associated with obtaining a new loan and the buyer may pay more for greater leverage or pay more if he can’t qualify for a loanThe downside to both is primarily that the buyers equity can be wiped out if the note holder accelerates the note, further the seller now has liability on a note secured by a property he does not own.

Provide safe housing at a fair price, that is the moral thing to do for the customers (tenants) and your family.

This year, specifically the last 6 months, I did more transactions than the last two years. 

Hello Bigger Pockets,My business partner who is a realtor wants to be the agent on the transaction. 

@Cam Jimmy With a 1031 Exchange, there are many roles that are vital to the transaction.

You don't want any transaction with a retirement account to be deemed as a distribution if that wasn't the intent.

Just present it as a business transaction and that it’s nothing personal. 

My thought process is that Sibling #1 and I get an investment loan/mortgage and buy the house for 200k + closing costs from Sibling #1 & #2 (Sibling #1 is on both sides of the transaction).

So, we are looking for an efficient (energy-wise, because we pay all the utilities), safe, and relatively inexpensive.

I know in regular real estate transaction we include Transfer Disclosure Statements (TDS) and Natural Hazard Disclosures and Lead paint disclosures.