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Updated over 6 years ago on . Most recent reply

User Stats

82
Posts
23
Votes
Navid A.
  • Rental Property Investor
  • Fayetteville, NC
23
Votes |
82
Posts

Quid Claim Deed and Asset Protection

Navid A.
  • Rental Property Investor
  • Fayetteville, NC
Posted

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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