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
Tax, SDIRAs & Cost Segregation
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 over 7 years ago on . Most recent reply presented by

User Stats

4
Posts
0
Votes
Kirk J.
  • Real Estate Investor
  • Saint Louis, MO
0
Votes |
4
Posts

Getting a Property out of my name

Kirk J.
  • Real Estate Investor
  • Saint Louis, MO
Posted

What is the best way to get a property out your name quickly? I'm considering doing a Quit claim deed to put the property under my LLC. This would only be for a short period of time(i.e. 2 months). Property has a mortgage.

A quit claim deed would violate my deed but a trust does not.  If I used a quit claim, will the information be reported to my Mortgage company before I am able to change it back into my personal name? Are there rules around transferring the property back into my name?

Is using a trust a better option? 

Loading replies...