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Updated almost 6 years ago on .

User Stats

9
Posts
1
Votes
Jennifer Schultz
  • Investor
  • Dubuque, IA
1
Votes |
9
Posts

Limiting Liability and Residential Financing

Jennifer Schultz
  • Investor
  • Dubuque, IA
Posted

Hello, we purchased a short term rental home recently and used residential financing because I wanted to lock the interest rate for 30 years. Now I'm having second thoughts about that and wondering if I did the right thing, because I cannot place title in our LLC.

Are there any ways around this?  Meaning, what if anything could I do to keep my 30 year fixed rate and prevent someone from going after me personally?

Thank you!