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Updated about 8 years ago on . Most recent reply

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13
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4
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Thomas Breedlove
  • Jacksonville, NC
4
Votes |
13
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Refinancing AND tranferring deed into company name yes or no?

Thomas Breedlove
  • Jacksonville, NC
Posted

So I bought a house a couple months ago that I am renting out currently. I want to transfer it into the company name and refinance because I bought it at 102.5 and it got appraised at 132.5 immediately after purchase (it was a VA foreclosure). My question is what happens when I refinances? Do I get that money from the refinance and what happens to monthly payments when someone refinances?

Thank You BP community for your advice also PM me your advice if that's more comfortable for you.

Thomas Breedlove

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