Posted on: 04th Dec, 2009 10:44 am
I started a company with a partner and we purchased two properties through the LLC. We refinanced the properties to get the money and buy more properties. When we refinanced we did so in my name to get a better rate. Can I use a quitclaim to get the properties out of my name and into the company's and will this take the properties off my credit report?
you will be breaching your agreement with the lender if you try to do this, and the loans will be due in full, i'm sure.