Might be able to balance transfer to lower short term rates to increase cash flow.

Will seller transfer deposits on the HUD or outside of closing?

We avoided real estate transfer taxes by having the owner transfer the property into an LLC and then buying the shares of the LLC from him.  

Maybe you can have them transfer ownership of their vehicle to you now, and when all is paid and up to date, you can transfer it back (all fees they pay for). 

From the start we're purchasing properties under our LLC instead of our names and transferring.  

I'd be curious as to what the city expected and got for its 90K and are those obligations transferred to a new owner, as it may come to bite you later.As others have stated there is a difference between old houses labeled "historic" and as I've discovered different jurisdictions have different understandings of what historic means and how much it is enforced, even sometimes in the same city.I currently own 3 old homes (1874, 1876, 1920something), one supposedly in an historic district.

Having DCHA involved only seems to make things more complex as we sure don't want to run afoul of them.You have any idea what type of transfer payments it takes to relocate tenants in a situation like this Chris?

If there is, ensure it transfers at closing.

Hello everyone, So I will be beginning the process of setting up an LLC to transfer my first property into which I will be purchasing shortly.

Divorce, illness, financial trouble, loneliness, job transfer, spousal dispute, empty-nesters, house too small, house to big, etc...