I’d imagine they outsource this work I suppose they could do it in house as they are a larger company.

I also need information about reliable companies that can be used as a third-party for the exchange.

@Mark Cruse and @Nathan Gesner are right on track, as usual....People are all too happy to rain on your parade, especially when they have failed themselves....misery loves company...It's kinda like verifying that they couldn't make it and therefore no one can.

Most commercial lenders, though would want a larger downpayment.

Has been a huge headache for the bank and insurance company.

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

As someone else mentioned there will also be additional expenses when you bring on a property management company.

We are wanting to upgrade into a larger home and are trying to decide if renting our first home is feasible or not.

moving it to an LLC will not do much for you in the way of asset protection OR taxes (double check that with a cpa, everyone's tax picture is different). most people lean towards the LLC thing for legal protection, but a single-member LLC is a thin veil that's easily pierced. you'd be paying LLC fees & paying another LLC tax return prep fee, for what i'd say is nothing. if you do want to transfer the deed to an LLC anyway, you'd do a 'quit claim deed' with a title company or real estate attorney. if the mortgage lender ever says something you'll just give them proof that it's a single-member LLC and the one member is you (the original borrower). 

Hello everyone,I am curious about paying a private money lender back on a larger buy and hold purchase.