Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Scott Anderson
  • Ankeny, IA
2
Votes |
8
Posts

30 Year Loan and then Quitclaim Deed

Scott Anderson
  • Ankeny, IA
Posted

I have heard a few people make mention of buying a home by securing a 30 yr. conventional mortgage in their name and then quitclaiming the deed to their LLC or other entity. Has anyone actually done this and can speak from experience? I understand the benefits in terms of securing a 30 yr. mortgage and having a more cashflow friendly debt service. My questions are about the potential pitfalls or issues.

Thanks,

Scott

Loading replies...