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? 

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

However, I do have a lender that can conduct an entity transfer with a commercial loan from 2 units and up.

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. 

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.

🙏☺️ I completely understand where you’re coming from & you’re right that owning real estate is a key step toward truly being an investor.I’m still new to the game, but I have a solid plan in place to move toward ownership & establish myself as a real estate investor.

If so, there are no transfer taxes due. 

@Ajay Bodas Transferring a 1031 exchange property from a revocable trust to an LLC can be done, but timing is crucial to avoid IRS scrutiny.

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.