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 5 years ago on . Most recent reply

User Stats

254
Posts
47
Votes
Daniel Mendez
  • Investor
  • Dallas, TX
47
Votes |
254
Posts

Purchasing an investment property under my LLC

Daniel Mendez
  • Investor
  • Dallas, TX
Posted

Good afternoon BP,

Can I purchase a buy and hold property under my LLC and then switch it to my name before doing a cash out refinance?

I am looking to purchase a property in Columbus Ohio using a hard money lender but all of them so far only lend to LLC's.

Any advice is greatly appreciated. 

  • Daniel Mendez
  • Most Popular Reply

    User Stats

    3,042
    Posts
    1,771
    Votes
    Brandon Sturgill
    • Real Estate Broker
    • Columbus, OH
    1,771
    Votes |
    3,042
    Posts
    Brandon Sturgill
    • Real Estate Broker
    • Columbus, OH
    Replied

    @Daniel Mendez yep...pretty routine stuff...you just want to chose your lender and loan product carefully...make sure you have this lined up before you do the deal. Let me know if you need a local loan originator to talk with that does these.

    Best of luck. 

    • Brandon Sturgill
    • 614-379-2017
    business profile image
    Realize Property Management Group
    3.6 stars
    20 Reviews

    Loading replies...