Current taxable is only $49k but will go up with transfer.

Out of the 2 REO's I have flipped, both bank contract addendum's stated that I cannot transfer directly to an end buyer..has anyone seen this, or did I misunderstand the wording.

Look at Henry County Ga deed records, sesarching for Foreclosure transfers that are not financial institution buyers.

We also got started in renting out our home when we were transferred and the bug bit us.

After several transfers,  long hold times and having to explain why I dont have an account number a dozen times, they took my name and number down for the service tech to call me back: just want to be armed with info and other people's experiences. 

You have to be very careful with this one as they are probably on the lookout for a transfer.

We currently have three properties that we plan on transferring to our LLC.The problem is, we just filed for our LLC here in Ohio with an effective date of 1-1-2015.Does that mean I have to wait till the 1st to transfer our properties to the LLC, or can we transfer the properties as soon as the LLC is processed?

We fixed it up and than rented it out when my husband was transferred.

By the time your ready for your third, you may be able to refinance your original FHA loan into a conventional loan, and then you would be eligible to use an FHA again on the third property.As you can see there is a lot of red tape to navigate, if this is your plan, you need to make sure you are dealing with a lender who understands this strategy. 

We got started at 23 right out of my masters program with a personal property we fixed it up and rented it out when we were transferred.