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Updated over 4 years ago on . Most recent reply

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6
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1
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Haishan Peiris
1
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6
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Should I buy the property in my name or under LLC if its a BRRRR

Haishan Peiris
Posted

I am looking to purchase a property to BRRRR (Buy, Rehab, Rent, Refinance, Repeat). Should I purchase it in my name or in the LLC name?

Most Popular Reply

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144
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218
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Brian Zaug
  • Lagrangeville, NY
218
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144
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Brian Zaug
  • Lagrangeville, NY
Replied

I have been using the brrrr technique for a few years now. I purchased a 2 mil. umbrella insurance for some added protection. I buy the house in my name, fix it up, then refinance still under my name. I then move the transfer the deed into an LLC. I'm getting 30 year, 4.125% loans with next to no points at closing.

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