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Updated about 2 years ago on . Most recent reply
Primary Residence Convert to LLC?
I'm a first time home buyer and have been renting up until this point. Can I get a conventional loan on a primary residence and then convert it to an LLC if I want to have roommates or rent it out when I'm not there so I'm protected? Would wanting to create and have the title under the LLC change the type of loan?
Thanks!
Most Popular Reply
@Michael Taylor
Don't do this. Just have insurance. There is no need to have an LLC especially since you have no assets
- Chris Seveney
7e investments
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