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Updated almost 2 years ago on . Most recent reply

User Stats

84
Posts
25
Votes
Francisco Milan
  • Gilbert, AZ
25
Votes |
84
Posts

What is the best option to get your money back once purchased a home cash?

Francisco Milan
  • Gilbert, AZ
Posted

Hello,

I have a question for experienced SFR landlords, what is the best way to go when buying a house cash and raising its value. The goal is to get all money back and if possible a bit out if the numbers make sense. House is purchased with LLC and I can sell it to my wife or family members, goal is to build a portfolio of 20 plus homes.

Should I sell it to family member or since it was purchased cash transfer deed after purchasing it then having the refi ? Not sure if this makes sense tax wise. Would appreciate advice to anyone who has done this multiple times. 

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