Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

32
Posts
11
Votes
Tecsia Evans
11
Votes |
32
Posts

Can I personally purchase a house from my C Corp

Tecsia Evans
Posted

We have a new construction SFR project in Oakland, CA. We purchased it under our C corporation where my husband and I are the only shareholders. We used a hard money lender. Project will be done in about 1 month. Is it possible to purchase the home from our C corporation so we could get out of hard money loan and receive some cash back? Or would we have to refinance it? I am told with a refinance it would need to be seasoned in our names for at least 6 months before we can do a cash out, is this true?

Thank you in advance for your advice!

Loading replies...