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Updated over 5 years ago,

Razak Amadu's profile image
Razak Amadu's profile image
Razak Amadu
  • Rental Property Investor
  • from Hampton, VA
  • Member since Oct 1, 2015
Connect

User Stats

29
Posts
5
Votes
Razak Amadu's profile image
Razak Amadu's profile image
Razak Amadu
  • Rental Property Investor
  • from Hampton, VA
  • Member since Oct 1, 2015
Connect
Razak Amadu
  • Rental Property Investor
  • Hampton, VA
5
Votes |
29
Posts
Starting Out

Transfer Property Ownership to LLC

Razak Amadu
  • Rental Property Investor
  • Hampton, VA
Posted

Situation

I'm in the process of buying a property for rental (buy and hold). It's a HUD home and only currently opened to offers from owner occupants.

My private lender will only finance if I am buying with my LLC as such I plan using conventional lending (20% down).

My question is can I switch it to my LLC afterwards and if so how do I do that? Are there any consequences?

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