Updated about 8 years ago on . Most recent reply
Purchasing a property that is already in and LLC with an FHA loan
Hi everyone,
I know can't use an Fha Loan and purchase a property with and LLC that you form, but what if a 4 unit I want to purchase is already in an LLC, would
The owner have to put it back in his name? If he doesn't would the LLC just be dissolved at the time of title transfer to myself? Is there anyway to not show the price paid for when using and FHA like a drop and swap? Thanks!