@Torrey Moe Definitely check with your local zoning department before doing anything.

I have seen some advisors structure the transaction where the four individuals enter into an agreement whereby they are holding legal title to the replacement property for and on behalf of the four member LLC as its agent strictly for credit/financing purposes, but you would need to be very careful here. 

That's something I personally wouldn't do in this transaction.    

Purchase price: $1,520,000 Cash invested: $380,000 Quadplex rental property - I represented the buyer for a smooth transaction.

Has anyone else had this happen and was the AMC willing to offer an alternative solution as opposed to the transaction being held hostage?

Cashis king, but about 20% of all transactions are cash so that leavesabout 80% financed.

Seller want to deal with people who are the end buyers and have the capacity and intent to complete the transaction.4.

Start with your local building and safety department.

As mentioned above, if keeping the properties for rental, I've found it far less expensive to use local banks for the purchase + rehab financing, ask to speak to the commercial lending department. 

I recently became an independent agent and I’m looking for a good transaction coordinator to help me out.