Good afternoon all,Looking to transfer the title of my personally owned VA loan to my LLC, using the house equity as collateral and securing a business line of credit as the LLC has no current revenue/product.

No rentals or homes for sale in the area.2.

You have to close the sale of your old property before you take title to your new property in a 1031 exchange.There is a process called a reverse exchange where we as the qualified intermediary take title to the new property before you do. 

She also doesn’t want to have to keep paying the holding costs if she doesn’t have to.How can we set this deal up where I can take possession of the house and begin work while waiting to do the sale until I’ve got another house sold to purchase this one?

You have ample choices on what investment products you have available in the policy just like a typical 401k.  

Purchase price: $62,000 Cash invested: $35,000 Sale price: $165,000 Purchased this property on market.

Typically, if the house is owned by an LLC, the proceeds from sale (check or wire, commonly wire) should be going into the LLC bank account.I am not a CPA, so please confirm any of this with your CPA, but most (if not all) sole member LLCs are disregarded entities, so from from a tax perspective it is irrelevant.  

@Alex Hunt how does one revise a lease after a sale?

I am a sales person so I love selling things so I grabbed it from him, listed it on facebook and a few days later I had $150 in my pocket.

Here's the problem, if the Due on Sale gets called, they have 30 days to pay off the entire balance of your loan or it goes to foreclosure.