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220
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135
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Andrew Acuna
  • Investor
  • Mission, TX
135
Votes |
220
Posts

Transfer out of FHA with LLC

Andrew Acuna
  • Investor
  • Mission, TX
Posted

Okay, here's the deal. Two years ago, I bought a 4plex using an FHA loan and have and continue to occupy one of the four units. I love it, but I want to do it again and get out of this FHA so I can get another one... My question is this: how can I legally get out of this FHA without refinancing? Can my LLC assume the property? Can I sell the property to the LLC? Looking for some options, thanks for your thoughtful responses!

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