I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

You also have to build in holding costs, investor capital, operating costs etc.

Our rep never responded.We eventually got a hold of the manager through another Lendbase employee.

If you're goal is a long term hold, you're almost certainly going to do well even with a market rate deal in any of those states.

Quote from @Hunter Hanlon Taylor: Investment Info:Single-family residence buy & hold investment.

This strategy can be particularly effective for investors like yourself looking to manage and expand their holdings efficiently.

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

Holding this for 1 month (hoping that's enough to refi) that's $5k.So my aim is to save money overall by making a cash offer and close it soon.

We have a great interest rate, which is what is making us want to hold on to it, but it just might not be worth it when we can use the equity to get us in a better position. 

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.