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Updated over 2 years ago on . Most recent reply

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201
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Ellie Narie
  • Investor
  • Ashland, OR
37
Votes |
201
Posts

Can you quit-claim an FHA property into an LLC?

Ellie Narie
  • Investor
  • Ashland, OR
Posted

Or would the loan be called due? What if you quit-claim it to the co-owner and remove your own name off the deed? 

I need ways to hide an FHA property from a possible personal lien. I guess refinance could be an option, but that takes a long time and I want something faster.

Assuming the 1 year of owner occupancy has already passed.

Most Popular Reply

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2,618
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Scott E.
  • Contractor
  • Scottsdale, AZ
2,994
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2,618
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Scott E.
  • Contractor
  • Scottsdale, AZ
Replied

"I need ways to hide an FHA property from a possible personal lien."

Lol. I cannot believe that people not only have the nerve to consider something like this, but then they go so far as to post their intentions on the internet for the world to see. Thanks for the laugh.

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