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Updated almost 8 years ago on . Most recent reply

User Stats

26
Posts
5
Votes
Anthony Greene
  • Real Estate Agent
  • South Orange, NJ
5
Votes |
26
Posts

Can I buy a house from my own LLC?

Anthony Greene
  • Real Estate Agent
  • South Orange, NJ
Posted
This may be a silly question but I am closing on a property in the next week or so in an all cash deal and was wondering about the viability of a different approach to the "BRRR" (BUY, Rehab, Refi, Repeat) method. As a W-2 employee with a strong base salary and credit, would I be able to buy the property from my own LLC and get a mortgage in lieu of a Refi if numbers get tight? just to be clear, I plan to stay as an owner occupant long term.

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