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Updated over 3 years ago,

User Stats

34
Posts
20
Votes
Randy G.
  • Realtor
  • Maryland
20
Votes |
34
Posts

Should I sell my flip to my wife with 135k equity

Randy G.
  • Realtor
  • Maryland
Posted

I bought this flip a couple months before

We got married under my llc. Should

I sell the property to my wife for

200k to pay off hard money and keep

It as a rental? ARV 335k.

Rents go For $1700-$2000.

I think she can get a way better rate then I can.

If I can pull out at least 40-60k and cash

Flow covers mortgage and heloc payments

I would be happy.

Is there a better Strategy? What would you do?

Definitely sounds like the brrrr strategy

Just not in my llc.

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