Updated over 4 years ago on . Most recent reply
How to pirchase property under an entity
Looking for some assistance on taking my current portfolio and "rolling" it under an entity. I currently have 3 different mortgages with all stating different rules on allowing me to put my entity on the deed. Some say it's a no go because the FHA loan on one of the properties states no entities another states "No" but doesn't identify a clear rationale.
I have brought this up with lawyers in the various states these properties are in and most have agreed that a lender will tell you no but won’t call the loan is youre paying on the mortgage.
Again trying this in the upstate NY area and Washington DC area. Any assistance would be greatly appreciated!
- Darren