Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Tax, SDIRAs & Cost Segregation
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 about 8 years ago,

User Stats

43
Posts
7
Votes
Teddy Johnson
  • Real Estate Investor
  • Hastings On Hudson, NY
7
Votes |
43
Posts

MM LLC Conv. Financing through Members

Teddy Johnson
  • Real Estate Investor
  • Hastings On Hudson, NY
Posted

Hello,

I've been a long time lurker and finally have decided to join the forum.

As we are doing conventional financing through members of the LLC I was thinking about financing and placing the property into a Trust and have the LLC be the Trustee and Beneficiary to keep the deals legally as part of the true owner the LLC.

Currently, there are a few properties owned by the LLC and we can cash out refi through existing members credit and buying more properties.

My question is which kind of Trust would be appropriate that would still give the LLC full control of the property?

Thanks,

Ted

Loading replies...