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Updated almost 12 years ago, 01/12/2013
Rolling a property under an LLC
This may be very obvious to some but if I purchased a property with an FHA loan an then decided to rent that property out, and then decided I'd like to start an LLC to protect myself in case of a tenant suing. Is it possible to roll that property under the LLC while the original financing is still being paid? How does that work?
Does this seem like a feasible scenario?