Most of them do not flip these properties because after paying down payment, closing costs, attorney fee, appraisal/inspection, holding costs, agent commissions, and transfer taxes, most of these deals don't make financial sense unless they hold onto the property for at least 5-10 years.That being said, most of them have done this to house-hack or use the BRRRR Strategy. 

We had 4,044 houses sold or transferred that were not listed on the MLS, 6.77% of all the closings.

If I were to transfer my properties to a business, then seek a commercial loan, what might I expect?

The value of the property was appraised at about $250k when the purchaser died and the property was transferred to the current owner in the family, so we would see capital gains on $1.35 mil of the sales price if sold for 1.6 mil.

@Mari E Desilva If the utilities are on, I’d do a full inspection.

States that require E-Verify have already seen a decrease in their unemployment rate.

@Logan Chen I’ve heard a lot of good things about The E-myth.

:(Has the property gone through probate or actually been transferred from your parents' names to you and your siblings?

Many lenders require that but you may do a transfer after closing if your lender allows that. 

We know we most likely need to take title in our own names for mortgage purposes, but then want to transfer the property out of our names to protect us financially.We can transfer into an LLC or a trust.