The subject at hand is the house that I am currently living in. 

After running numbers i'm looking at around $780/month in positive cash flow .The seller owns these properties free and clear and wants 5% interest and for me to pay any transfer/closing costs, i'm estimating $1,500.My question is, how do you pay down principal on a deal like this?  

I do not, however, like to ask for a helping hand without offering one in return.

Are there only a handful of buyers getting the majority of the deals out there? 

From what I've heard, they don't really care if you transfer it to an LLC after you close the loan, but it might technically trigger the due on sales clause.

---***EDIT:  I don't have the $150k in-hand. 

Just make sure you screen your tenants properly before hand.

Finish out escrow and then you can transfer the property into the LLC. 

My sister and father did something very similar to transfer a property and get my parents paid while beginning her RE investing career.I’m in Parker too.

Hi All,My offer was accepted but the seller has a C of O (done 18 months ago) that is not transferable and will not give credit for a new one and is not negotiating.