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Updated almost 7 years ago,

User Stats

40
Posts
3
Votes
Tarik N.
  • Rental Property Investor
  • Arlington, VA
3
Votes |
40
Posts

Moving properties to an LLC to avoid hitting property limit

Tarik N.
  • Rental Property Investor
  • Arlington, VA
Posted
Hello, I have 6 investment properties overall and am having difficulty obtaining a-line of credit on one of them because of the banks’ limit on how many rental properties you can have to lend to you. I am in the process of moving them to an LLC, but I also want to NOT appear on m credit report. Do I have to refi under the LLC? Would that work in making them “disappear” from my credit report? Thanks, Tarik

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