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Updated over 3 years ago on . Most recent reply

How to transfer title to LLC?
Hi everyone.
I just closed on a single family home that I’m planning to flip.
I have financed it using a conventional mortgage under my name, and I would like to transfer the title to my LLC, so I can manage the renovation through it.
* Any lead on how to conveniently transfer the tittle to the LLC?
Thank you very much in advance, ciao.
Michele
Most Popular Reply
@Stephen Reyes
I’ve done it a few times. So far, as long as the lender gets the money regularly (think about setting up auto-draft), they don’t bother. I heard during the Great Recession that some cracked down on this practice, but I discussed what I was doing with my lenders so they were fully aware.