No penalty for early repayment - refinance allowed after 1yr, but have to pay 'transfer fees'Blue: Loan full $217,500 while using my condo rental as leverage.

Lender does not allow me to transfer to an LLC (which can trigger "due on sale" clause in my mortgage).

If they carry the note, they can continue to get passive income in the form of a monthly check for the paydown of the note.They will still need to recognize the Depreciation Recapture in the year title transfer takes place, which can still sting quite a bit for those who have had the property a long time, but the Capital Gains taxes can be recognized little by little over the life of the note.

Confidentiality All aspects of this negotiated agreement shall be held by Buyer and Seller in the strictest of confidence.

Everything is going in and out of my personal banking accounts with a 'separate' savings account to hold rent, ect in - but this necessitates a lot of account to account transfers.

I would also add that you may not get out of the Transfer fee, I know in Pennsylvania that does not prevent you from paying transfer fees on the property, the property is still considered sold, not transferred with the LLC.

This deposit goes towards the assignment fee that you get at closing.Here is how we state this in our "Assignment Contract""NOW THEREFORE for and in consideration of the sum of FIVE THOUSAND DOLLARS, $5,000, and other good and valuable considerations the sufficiency of which is hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement.Assignor agrees to receive and Assignee agrees to pay $1,000 of said assignment consideration as a NON REFUNDABLE deposit with the remainder to be paid on the closing date of said Real Estate Purchase and Sale Agreement."

I tell her I want to buy the house and i'm confident I can beat any price so please give me first right of refusal on any offers made.On 9/20 she says she not quite ready yet.

I will be posting photos and videos as I go along, as I know how much everyone loves to watch the visual transformation of a project ( I know I do ).The first step is to wait for transfer date and hope that the druggie tenant decides to move out and not cause any problems.

Use balance transfer promotions with the credit cards, or use Home Depot and Lowe's credit cards to finance the rehab.