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Updated 18 days ago on . Most recent reply

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Brandi Combs
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Can my LLC buy my house?

Brandi Combs
Posted

Hello, 

I am new to real estate investing but I have an FHA mortgage on my current home and owe about $191 on it. I want to purchase another house but can't have to mortgages. I just started my LLC, can I have my LLC buy the house for $215 and then it would become rental property under the LLC? What type of lending would I look for to do this type of transaction?

  • Brandi Combs
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