C.) ????

Him:[i]I have owned the property for 10 years and renovated much of it (new roof, new a/c, plmg, elect panel, removed all old paint & repainted etc.) now I am moving on to other things.I have a management company.

if you own multiple rentals, and you buy them with traditional financing, this question is for you.i purchase my houses in my name b/c the lender will not loan to a company.

Crazy C, I just wanted to add, that we are former RE Investors and are now business finance consultants that help RE Investors build unsecured lines of credit.

And, in order to make that $50k back in interest payments from the purchaser, on a $235,000 "mortgage" at 9%, 30-year fixed rate (higher b/c seller financing, just a suggestion), it would take 2 1/2 years...and then discount the cash flows to present value...and it's more like 4 years to recapture the $50,000 you could have today by selling outright at market price.A much more profitable plan would be to sell at $289,000 using seller financing and get both benefits.

She is a licensed P&C agent in Ohio, so she knows a lot from the insurance end.

Yes, I thought I posted it in the wrong section, So I reposted this one b/c I thought the other one was going to get deleted.

If the buyer is looking at cash flow only he is not my best buyer b/c he is bottom fishing and in a solid real estate market the bottom fishers are normally buying properties in declining areas of town that have little to know chance for appreciation.

Because,For you to transfer a property to the LLC if it holds a mortgage, the bank will 1) increase your rates when you refi to the LLC b/c it's a business asset and not a personal asset, 2) require that you sign a personal guarantee on the mortgage.

Only if you can sell the property more or less as is with a tenant in the property.Some markets this will be fine and in other markets 6 months could be a bit short.Do you have a plan B, plan C, etc. in case things do not go exactly as you expect?