How to hold title?

[Chris Grant]

Hi Everyone,

I am trying to figure out how I should be structuring my business entities. I started an LLC for the intent of holding title my rentals. I started another LLC for doing rehabs, assigning contracts, and possibly property management for my rentals.

All of the properties I have purchased so far have needed rehabbing.  I have been using a hard money lender to acquire the property and then refinancing it to a conventional loan for the buy and hold.  So far this whole process has been in my own name, which I know is not good.

Should I be purchasing, rehabbing, and refinancing the property in my rehabbing LLC and then quit claim it to my rental LLC after closing?

Please help!