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Updated about 2 years ago on . Most recent reply

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Chasitie Kroon
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Asset Protection for multifamily properties

Chasitie Kroon
Posted

Hello 👋

Wondering if anyone has any input about this or can refer me to a good asset protection attorney…

If I have my multi-families under my personal name under conventional loans, would it be safe to transfer the deed into an LLC? I have heard negatives in regards to quit claim deeds and have also heard this can trigger the Due on Sale Clause? I am not 100% on any of this, it is just what I've heard and read. If anyone that has been through a similar situation with experience can give me any feedback/advice I would greatly appreciate it.

Unfortunately I have not been able to find a good asset protection attorney that is genuine and actually cares.

Thanks in advance!

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