I am hearing that insurance is more expensive when the property is llc owned and since I signed personally I would have to transfer llc after closing.

Any lender that says otherwise has an internal overlay.You can do the cash-out refi as soon as the rehab is done.

Hi Rick,Perhaps you could transfer to a trust or entity with a P.O.

They said they can close in 3-10 days, so you sell property A and the 1031 escrow account transfers the money to the DST deal of your choice very quickly.

But one issue that you may run into is paying two transfer taxes.

what you may do is purchase conventionally then transfer to a land trust.

If it has a current mortgage, would I be better off contacting the bank to take over payments and transferring the deed into my name?

There are other companies who transfer title prior to the home being complete or having a tenant.

He said as long as the title was transferred even thou the liability was still on the original owner, he said that 100% its his house and he didn't have to worry about the mortgage under the original owners name as he would maKe the payments himself on behalf of the original owner.

Also consider asking the bank to have their internal people review the appraisal and see if they can make an exception or change that opinion.