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Updated about 12 years ago on . Most recent reply

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7
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0
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Adrian Chapman
  • Lenexa, KS
0
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7
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Rolling a property under an LLC

Adrian Chapman
  • Lenexa, KS
Posted

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?

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