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Updated about 6 years ago on . Most recent reply

User Stats

67
Posts
12
Votes
Ricardo Diaz
  • Rental Property Investor
  • Bridgeport ct
12
Votes |
67
Posts

Starting an llc to take over mortgage of house .

Ricardo Diaz
  • Rental Property Investor
  • Bridgeport ct
Posted
Hello people. Just wanted to get some info and maybe have me steered in the right direction. Last year I bought a two family in Connecticut. Bought as an investment property and mortgage under my name. Now I want to turn it over and have it under an LLC. I hear stories of mortgage companies wanting their money right away if you want to change title . But if I cannot , what other steps I can do this. Can I start the LLC and send rent payments there and build up credit ? I'm stuck on what to do. Any help would be appreciated. Thanks

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