Do you go through a closing process to transfer the title or just pay the seller monthly as agreed upon in a contract you would draft up?

Now, under all public records Ive come across, including propertyshark, the title was transferred for 37k.

Here is a summary with a few revisions and my addition: With investment loans its a min of 25% down (not 20%).You can take out loans in your name if your income (W2/1099 + rental) supports it.Another option is to buy rental property with a conventional mortgage in your name and after closing transfer the title to a business name.

If you keep your balance at 50% of your credit line, once interest is about to kick in, you transfer the balance to the other half of your credit line and re-set the interest clock so you remain interest free for another 6-12 months.

I hail from Boston, MA but love traveling the world in my free time and participating in international development activities.  

I used to live in West LA (live in Venice now) and I was an aerospace engineer :) I transferred positions with Lockheed from Atlanta to Palmdale out here and then left it to head into the REI world.

Mark my words, your internal world controls your destiny and will lead you to success, not the external elements.

My father formed an LLC  and wanted to transfer his existing property to the name of the new LLC. 

The numbers worked and after a lot of internal debate, I had to logic myself into a decision: If I bought these 2, I was going to eventually refi and use that money to buy more SFHs anyway BUT the price on these 6 as a package was way better than I'd get in another year on an individual SFH.I was getting a Costco-sized discount for buying in bulk and instead of shying away from the chance, I pooled together the money from friends, family, a HELOC, etc. and went for it.

They also called PG&E and disconnected Gas and electric (tenant is responsible for these utilities as pr the lease) effective 10/31 which made the service transfer to my name now, Any suggestions on how to handle this break of lease, not paying the rent and disconnection of utilities?