Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Tal Hofman
1
Votes |
2
Posts

Transferring a property from an individual to a multi-member LLC

Tal Hofman
Posted

Hi all, I want to buy a property together with my partner - a foreign investor who doesn't live in the US. I want to take advantage of my good credit score to get a residential mortgage, and then transfer the property to an LLC that I'll open together with my partner. Does anyone know if it's possible to transfer a property from an individual (myself) to an LLC with other members (myself + my partner) when the mortgage is only under my name? Do lenders let you do that?

Thanks! 

Loading replies...