BC has a transfer tax, so it adds to the cost of buying and is also tenant friendly.

I would like to mention that it is "best practice" to not disclose your ownership but advise you are the property manager.

What I’m referring to is an agreement that is recorded somewhere, perhaps in the deed transferring the properties, that would be binding on any future buyers.

It is good to know that inflight evictions could be transferred to a different PM.

With in 3 days of ownership, we had the kitchen completely gutted and ready for renovation.

On my last loan the bank would not allow me to transfer the deed to a LLC without the loan being able to be called due.

@Angelica CasanasIf the owner purchased the property with a loan, seller financing is likely out of the picture.You can potentially check the county records if there is a mortgage on the property.There is a good chance that the owner will likely not sell unless there is significant appreciation from the price that they purchased it.The seller likely paid around 5% in admin costs(title work costs, transfer taxes, etc) upon purchase and will likely pay another % in fixed costs upon sale. the seller will likely avoid seller agent fees if no agent is used but there is still other costs that must be paid.As an investor, never get stuck on one property, if you think it will work, go for it, otherwise, just move on.

Is it possible to transfer title of my parents current home into mine and my two brothers names, sell home, then take profit to put a down payment on a 125k home and get mortgage and title in all three of our names?

All you have to do is ask your lender for permission to transfer title.

@Tina LucioDo it right… have an attorney do the paperwork and transfer title.