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Updated over 5 years ago on . Most recent reply

Mat K.'s profile image
Mat K.'s profile image
Mat K.
  • Rental Property Investor
  • from Mcallen, TX
  • Member since Jan 11, 2017

User Stats

17
Posts
6
Votes
Mat K.'s profile image
Mat K.'s profile image
Mat K.
  • Rental Property Investor
  • from Mcallen, TX
  • Member since Jan 11, 2017
Mat K.
  • Rental Property Investor
  • Mcallen, TX
6
Votes |
17
Posts
Land & New Construction

Transfer fourplex to LLC pros and cons

Mat K.
  • Rental Property Investor
  • Mcallen, TX
Posted

I'm a new investor into real estate and I've just owned my property over two years! Bought it under my name with an FHA loan. I'm currently looking to go conventional on my next property and start buying more properties, I was wondering if there's a possibility to transfer the fourplex from my personal name into an LLC I just created ?

Also, are there any pros and cons to moving it into an LLC instead of keeping it under my personal name ? Thanks to anyone taking their time to reply. Really appreciate it.

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