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Updated about 4 years ago on . Most recent reply

User Stats

127
Posts
12
Votes
Armand P.
  • New to Real Estate
  • San Mateo, CA
12
Votes |
127
Posts

Trust/LLC clarification needed

Armand P.
  • New to Real Estate
  • San Mateo, CA
Posted

Hello BP!

I'm trying to process and figure out the following scenario:

Am I able to purchase an investment property under a Trust OR do you need to purchase it in my name first than transfer title to the Trust thereafter? Will this cause issues with loan process and or title/company insurance.


To my understanding the first investment property you buy would be under my name than I'd create/open an LLC and transfer title. All additional investments would be go through the LLC.

Please advise/clarify

Thanks

Armand


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