Updated over 10 years ago on . Most recent reply
Duplex liability
Hi everyone, I had a quick question.
If I were to purchase a duplex in my name with in FHA loan and rent out the other side. How can I protect myself against any form of liability? I've read a lot about quitclaim and warranty deeds to an Plc but I am worried that it may cause the bank to call the loan. Is this something that is likely or is there any other way to put barriers between myself and the rental other than putting it in an llc?