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Updated over 3 years ago,
Should I sell my flip to my wife with 135k equity
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.