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-   -   Quickclaiming to save equity (https://www.askmehelpdesk.com/showthread.php?t=103800)

  • Jun 23, 2007, 07:38 PM
    lavertudad
    Quickclaiming to save equity
    Will quickclaiming my rental property to a relative protect it from from a lender on my primary residence if I let the primary go into foreclosure. I owe more on my primary then it is worth and I some equity in my rental.
  • Jun 24, 2007, 05:11 AM
    excon
    Hello laver:

    Doing what you propose to do is fraud. Not only will it not protect the rental property, you risk your butt landing in jail.

    excon
  • Jun 24, 2007, 06:06 AM
    Fr_Chuck
    No, it will not help

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