Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

4
Posts
0
Votes

First Property - Personal Financing + LLC

Posted

Finally taking the plunge into my first real estate investment purchase. I've analyzed various small multifamily properties in the Dayton, OH area and have found one with good returns in a decent location. I'm working with a business partner and with talks to hard money lenders. They have explained that we will have to take out the mortgage loan personally. The predicament is that we have an LLC and would like to have the title and eventually the loan under the LLC.

Does anyone have any experience/strategies with the legalities behind getting a title with an LLC from day 1, and or transferring the title/loan into the LLC after purchasing under our personal information?

Thanks!

Loading replies...