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Updated about 11 years ago on . Most recent reply

Lear R.'s profile image
Lear R.'s profile image
Lear R.
  • Investor
  • from El Paso, TX
  • Member since Nov 26, 2012

User Stats

74
Posts
16
Votes
Lear R.'s profile image
Lear R.'s profile image
Lear R.
  • Investor
  • from El Paso, TX
  • Member since Nov 26, 2012
Lear R.
  • Investor
  • El Paso, TX
16
Votes |
74
Posts
Buying & Selling Real Estate

Adding Properties to LLCS

Lear R.
  • Investor
  • El Paso, TX
Posted

I'm considering adding my properties to a series LLC, however two of the properties have VA loans associated, and one has a Fannie Mae mortgage associated with it. Once I have the properties put in the LLC does that remove the properties from my name? Does this allow me to start fresh showing zero properties allowing me to exceed the caps on the number of VA or Fannie Mae property I can own?

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