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Updated almost 6 years ago on . Most recent reply

Marsha Rost's profile image
Marsha Rost's profile image
Marsha Rost
  • Rental Property Investor
  • from Houston, TX
  • Member since Aug 28, 2018
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72
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Marsha Rost's profile image
Marsha Rost's profile image
Marsha Rost
  • Rental Property Investor
  • from Houston, TX
  • Member since Aug 28, 2018
Connect
Marsha Rost
  • Rental Property Investor
  • Houston, TX
22
Votes |
72
Posts
Tax, SDIRAs & Cost Segregation

BRRRing and transferring title to LLC

Marsha Rost
  • Rental Property Investor
  • Houston, TX
Posted

So I am in the process of my first BRRR deal. I had an offer accepted last night. I am paying cash.

In doing research I learned that banks don't lend on properties that have title under an LLC so I have the contract under my personal name. I plan to refinance under my name and then transfer title to my LLC. Is that what most of you all do? Is there a better way?

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