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.
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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.
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
No, it will not help
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