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Updated over 8 years ago on . Most recent reply

Del Torres's profile image
Del Torres's profile image
Del Torres
  • from Albuquerque, New Mexico
  • Member since Mar 11, 2017

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Del Torres's profile image
Del Torres's profile image
Del Torres
  • from Albuquerque, New Mexico
  • Member since Mar 11, 2017
Del Torres
  • Albuquerque, NM
0
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1
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Buying & Selling Real Estate

Sell My Home to My Corporation

Del Torres
  • Albuquerque, NM
Posted

I have been thinking about buying a new home and renting my existing home.

Then once the I have a renter and have purchased my new home, sell my rental home to my corporation at full value in order to get all of the equity available, not just what I could pull out of a refinance.

Is this a good or bad idea?

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