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Updated almost 2 years ago on . Most recent reply

User Stats

190
Posts
77
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Steve Meyers
  • Real Estate Agent
  • San Diego, CA
77
Votes |
190
Posts

Need to do a quit claim will this affect my hard money loan?

Steve Meyers
  • Real Estate Agent
  • San Diego, CA
Posted

I had to close in my s-corp due to time constraints on my time to close with the seller for this flip I'm doing. I need to do a quit claim into an LLC, but I'm curious how this will impact my hard money loan if at all since I closed on that in my S-corp name. Is it as simple as just doing a quit claim deed for title or will the entity change trigger something with my loan?

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