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Updated over 16 years ago on . Most recent reply

User Stats

203
Posts
1
Votes
Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
1
Votes |
203
Posts

At what point would I quit claim to an LLC?

Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
Posted

If I were to obtain a property through non-conventional financing (owner financing, private money, etc), with the intention of conventionally financing after a certain period of time (6-12 months), when exactly would I quit claim the property into an LLC. Do I wait until it's conventionally financed? Do I quit claim it asap, then take it out to eventually conventionally finance, then quit claim again?

Thanks!
Fred

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