He or she entered into an exclusive sales contract with you (and removed the property from the market) based on a set of terms that presumably did not, at the time, include the first floor unit being vacant prior to transfer of title.

Appraisal will be based on market data and property condition at that future time.

The place is barely livable, has a lot of back taxes, and ownership was never transferred when their mother passed.

When I put loan in my name for a property and then transfer the deed into my LLC does the loan it's self go into the LLC or just the property title.

@Andy MirzaLittle inside secret for all investors- ALWAYS get this info from the seller prior to loan transfer.

Once you understand that, (risk tolerance, your active involvement, your cash or finance  availability,  you knowledge of construction, investing, market data, your trust in the team you have developed and vetted) you can then look at the best way for you to purchase.

@Vinay Kolluru, there are SOOO many variables that making a recommendation without a property data tape would be criminal.

A quick bit about me- I'm a UGA graduate finishing up a degree in Computer Science and Data Science (Go Dawgs!).

Hello folksI have a question about a payment claim I received through a law firm representing Hoa, Orlando, Florida , villa's costa del sol A payment that was allegedly not paid in time (actually paid to the management company that collects the funds for the hoa)At the same time, the hoa company was not updated that the payment was made and transferred a demand for collection by a law firm.I turned to the management company (everything is recorded in emails that the payment was made, etc.)I turned directly to hoaThey claim that they can not do anything because the matter is already handled by lawyers.And if I wanted to sue their management company.I turned to the lawyers (every call to them is subject to an astronomical fee, the management company that manages the properties for me,In fact, unknowingly, inflated the debt when they tried to find out what it was about and why the whole mess?

Upon completion, the park will be available for acquisition with current transferable financing in place or by other means.