Planning to refinance ,an opportune time to transfer to an LLC?

2 Replies


I am planning to refinance my loan due to the low rates. The property and mortgage are both in my name , I am thinking refinancing also gives me an opportunity to transfer both the loan and property name to an LLC.What is the best way to strategize this transfer?


@Kumar Gaurav

Well, you do realize that once Title is held by the LLC you no longer qualify for residential conforming loans, right? You have to get a commercial loan.

Otherwise, you need to talk to some qualified professionals. In short, you would deed the property to your LLC as a capital contribution (so no taxes) and refi. I'd do them together in escrow if you can. That should be one way to go.