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Updated over 8 years ago,
David ZhengPoster
#4 Real Estate Deal Analysis & Advice Contributor
#4 Real Estate Deal Analysis & Advice Contributor
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- Saint Louis, MO
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Can I put in an offer in my Personal Name AND LLC?
David ZhengPoster#4 Real Estate Deal Analysis & Advice Contributor
#4 Real Estate Deal Analysis & Advice Contributor
- Investor
- Saint Louis, MO
Question #2,
am I allowed to enter into a contract for a 3 unit property in my own personal name and my (solely owned) LLC?
Reason being I am currently purchasing with a HML and would like to refinance In 6 months. I would preferably want to have a 30 year conventional loan so my plan was to quit claim deed the LLC at the refinance closing. However I also want to protect myself in case I cannot get conventional lending, and be able to quit claim deed at closing into solely my LLC to get a commercial loan.
is this allowed?