Updated 4 months ago on . Most recent reply
Can my LLC buy my house?
Hello,
I am new to real estate investing but I have an FHA mortgage on my current home and owe about $191 on it. I want to purchase another house but can't have to mortgages. I just started my LLC, can I have my LLC buy the house for $215 and then it would become rental property under the LLC? What type of lending would I look for to do this type of transaction?