Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on . Most recent reply
Refinance on property in LLC
Hi All! I am looking to refinance a rental property I have in an LLC. My banker said many of her clients quitclaim out of the LLC into personal names, then refinance with conventional loan, and then quitclaim back into the LLC. Anyone see problems here? I would stand to save 200/month on the refi, so it is appealing. Thoughts?
Thanks from Bozeman MT!
Most Popular Reply
@Eric Veronica
Will do. Thank you!