Buying Houses “Subject To” Using Corporations or LLCs

A less thought of but very powerful advantage to buying houses “subject to” the existing financing is the ability to buy houses using your corporation or LLC.

Since you are not qualifying for a new loan your corporation or LLC can be the buyer on properties that you are purchasing “subject to” the existing financing.

If you are concerned about Asset Protection and/or privacy of ownership, using an entity can prove to be very helpful.

Often real estate investors will use a trust–in addition to their corporation or LLC–when buying a property “subject to” the existing financing. This is NOT because a trust will not trigger any due on sale clauses, but because it can add an additional layer of asset protection by keeping your name off public record.

See your attorney for more information about how to structure an asset protection plan for you unique situation.

Until my next post,

James

P.S. We have some great asset protection resources for our Real Estate Investor Bronze Members. Upgrade today to access those.

Related posts:

1. Insurance And Buying Houses Subject To You will need to find a great local insurance agent that understands what you are...
2. Advantages For Investors Buying Properties “Subject To” In my previous two articles in this series on what “subject to” is and what...
3. Buying Properties Subject To Their Existing Financing Last week, in preparation for a talk I was giving at a real estate investor...
4. Buying Houses Subject To and the Due On Sale Clause In this episode of The James Orr Show you will find: First, James has a...
5. A Strategy For Making Subject To Offers In my last few articles, I discussed how buying a house subject to the existing...
6. “Rent To Own” As A Common Exit To Buying “Subject To” Once you buy a house “subject to” the existing financing, you’d like to be able...
7. Structuring Subject To Offers For Real Estate Investors While you should check with your own legal adviser to find out the legalities and...
8. Three Types of Asset Protection Here is another article that was submitted to us for publication that gives you a...
9. Subject To Real Estate Investing Last week, while preparing to speak at our real estate investor group meeting, I was...
10. How Lease Options and “Subject To” Differ In my last article, I shared with you how lease options and buying a property...