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Updated about 9 years ago on .

GERT S.'s profile image
GERT S.'s profile image
GERT S.
  • from Orlando, Florida
  • Member since Sep 16, 2013
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17
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2
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GERT S.'s profile image
GERT S.'s profile image
GERT S.
  • from Orlando, Florida
  • Member since Sep 16, 2013
Connect
GERT S.
  • Orlando, FL
2
Votes |
17
Posts
Buying & Selling Real Estate

Can I buy my own LLC house?

GERT S.
  • Orlando, FL
Posted

I have a rental-income producing house in my single member LLC.

I need cash fast. I have tried to sell this house, but have been unsuccessful so far.

Can I (as an individual) buy the house from my LLC? I will get a mortgage loan. I will buy the house from the LLC. And then the LLC will distribute the money to me.

Is this legal? Will it work? What costs will be involved?

Thanks.

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