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Buying & Selling Real Estate

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Navid A.
  • Rental Property Investor
  • Fayetteville, NC
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81
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Quid Claim Deed and Asset Protection

Navid A.
  • Rental Property Investor
  • Fayetteville, NC
Posted Nov 16 2019, 09:20

BP,

Does transferring the deed over to your LLC provide any asset protection while your personal name will still be on the mortgage? As many of you already know, lenders don't like lending to entities as much. I thought a good work around would be to purchase cash, refi under my own name after rehab and rent, and then quid claim transfer the deed to my LLC. Any insight?

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