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Updated almost 4 years ago,
Can you transfer title to your LLC with FHA?
Hi everyone,
My brother and I want to start investing using an FHA loan, but we want asset protection as soon possible regardless of how much equity we have at first because the plan is to grow. Having said that, is it possible to transfer title to an LLC we create for the property while retaining the FHA loan? I've heard of using Land Trusts to do so but can't find anything in regards to FHA loans specifically
Any advice is appreciated, Thank you!