Hi Guys,My question is about ownership and the transferability of ownership interests with limited partners (investors) in a multifamily property deal.

Obviously, we trusted the buyer, our borrower, to sign the loan docs. 2) A back-to-back (really the day after) close using two different escrows and title companies will always work since the bank can't control a loan once you own the property and you're not transferring title.

Other Credit -Seller Transfer $10950 (**could someone explain this as well please?)

Have her transfer the title to me for $1 and have her privately finance the mortgage of the home (at the same price she bought it initially) as well as the renovation costs.The whole reason I'm thinking about going through all these Shenanigans is to avoid having this highly competitively priced home go back in the market.

How drastically do they differ, what are some of the most transferable skills between either? 

Forgot....if there is an HOA you'll need to include the monthly dues as well as the HOA status letter and transfer fees.

From what you have written and your goals this may be a better option for you because the interest rate risk transference to you as the borrower will allow you to get a better rate on the loan as opposed to a fixed-rate mortgage.  

So if your job is transferring you across town...that may not be long enough.  

As someone that accidentally got two associates degrees while making a pit stop at community college (seriously, I was just checking UC Berkeley transfer boxes with no degree in mind) on the way to university, I assure you that they hold no resume value and no one cares. 

if you take control in the middle of the month, rents are supposed to be pro-rated and given to you at closing, along with security deposits transferred to you. make sure there are line items for this on your closing documents. you should also get estoppel letters signed by tenant and seller as proof of what current lease terms are