Tag: investment property
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Transferring Your Deed Into Your LLC
Thinking about transferring the deed to your rental property into a limited liability company? Many investors do it. About 17% of investment properties across the country are held in LLCs. Here, we look at reasons to put real estate into an LLC, and how it’s done. And we’ll point to a few more things worth…
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Could Your Home Equity Help You Meet Longtime Goals? Pick Your Goal and See.
Lenders love sending direct mail, suggesting that deed holders borrow against the value of their homes. And you might be wondering: Maybe accessing some cash could really let me meet personal goals. Your home’s equity — your home’s value, minus what you owe on your current mortgage — is typically the collateral for the lender.…