Evan,  As a local broker, I’ve assisted many clients with the entity transfer process, often referred to as a "drop and swap."

Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes. 

Thanks in advance, IrisHi Iris,I ended up transferring ownership to the LLC and didn't have any issues.

Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.

They are not transferable.These are just the facts.In the case of selling a business you're not transferring the account, you're transferring ownership of the business. 

You have three choices...transfer the property and keep the loan in tact hoping they won't trigger due on sale, refinance into a loan that allows it, or simply leave things as they are. 

This would allow us to come to the table with less funds out of pocket on the front end when starting construction.Is the best way to complete the transfer of ownership through a traditional sale registered with the county? 

If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title. 

I asked my local association (PSAR) and was told any list of their MLS only Brokers was confidential.

The process seems daunting and overwhelming, and I am not confident I will put the time in to talk to sources, analyze, and find properties for investing purposes.