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Updated over 8 years ago,
Transferring a rehab from my name to a LLC
Hi All:
I am middle of a rehab, and want to transfer the property from my name to a LLC (I am the sole proprietor). The house is scheduled to be on the market in 3 to 4 weeks time. Is there any downside to do a transfer close to the market date?
I know the buyer's lender will likely ask for more information if the title is not well seasoned (less than 6 months). But I own the house less than 6 months anyway, so not sure if the transfer will make a difference for the lender.
Thanks
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