Newbie Refinance Steps

[Daniel Shuler]

Hello all!

We’re nearing the end of our rehab portion of my first property and wanted to make sure I handled the refi part in the right order, with what I’d like to do with it.

I'll be renting it out, but want to move it over into my LLC as well.

What are the proper steps at this stage?

I know the BRRRR acronym very well, lol, but feel like I may be overthinking this.

Do I need to have the renter in place before refinancing? Can I refi before that?

And can I quit claim to my LLC after the refi and the hard money lender are paid off?

Lot’s of questions there and I appreciate any help!

Thanks again!

Daniel

[Tarik Turner]

The next steps should be to get your tenants in place and then refinance the property. The property can be moved into an LLC during the closing of your refinance