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Updated almost 9 years ago on . Most recent reply

User Stats

33
Posts
10
Votes
Jennifer Griffin
  • Kapolei, HI
10
Votes |
33
Posts

Transfer home to LLC

Jennifer Griffin
  • Kapolei, HI
Posted

I would really like to dig into the minds of others experiences. Hubby and I recently secured a home with a VA loan. Eventually we will need to move to a new duty station and are trying to educate ourselves on the best options regarding what to do with our property when having to move to a new duty station.

- Has anyone ever transferred their residential home to an LLC and turned it into a rental?

- Since we can't transfer the VA entitlement to the LLC (nor would we want to), has anyone secured new financing as a result of the transfer and how was the process?

I'd REALLY like to hear about others experiences and recommendations on things we need to strongly consider ahead of time.

Thanks!

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