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Updated over 8 years ago on . Most recent reply

Dianne Russum's profile image
Dianne Russum's profile image
Dianne Russum
  • Investor
  • from Baltimore, Maryland
  • Member since Dec 18, 2014
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7
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2
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Dianne Russum's profile image
Dianne Russum's profile image
Dianne Russum
  • Investor
  • from Baltimore, Maryland
  • Member since Dec 18, 2014
Connect
Dianne Russum
  • Investor
  • Baltimore, MD
2
Votes |
7
Posts
Buying & Selling Real Estate

Using Hard Money to Buy Auction and REO properties

Dianne Russum
  • Investor
  • Baltimore, MD
Posted

I would like to bid on properties at auction.  How can I use hard money to do this? 

One lender that I prequalifed with allows you to buy in a business name only, e.g, LLC. Some REOs only allow you to buy in a personal name, not business name. The lender says it has to be business name at closing. Can I do a transfer from personal to LLC before closing to accomplish this.

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