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 almost 6 years ago on . Most recent reply

User Stats

14
Posts
1
Votes
Troy J Szczudlak
  • Investor
  • Birmingham, AL
1
Votes |
14
Posts

Newbie Start up property title advice

Troy J Szczudlak
  • Investor
  • Birmingham, AL
Posted

I am a complete newbie. I have recently inherited a single family home that I would like to use as my initial property with plans to expand rental portfolio. Should I transfer this home in to my name initially or should I just create an LLC out of the gate and transfer title directly to LLC? If so, will that limit equity I can pull from home which currently has no mortgage and is paid in full? Advice or guidance is appreciated.

  • Troy J Szczudlak
  • Loading replies...