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Updated almost 5 years ago on . Most recent reply
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Refinance on property in LLC
Hi All! I am looking to refinance a rental property I have in an LLC. My banker said many of her clients quitclaim out of the LLC into personal names, then refinance with conventional loan, and then quitclaim back into the LLC. Anyone see problems here? I would stand to save 200/month on the refi, so it is appealing. Thoughts?
Thanks from Bozeman MT!
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@Eric Veronica
Will do. Thank you!