922: Friday Q&A: Impact of AI, Retiring from the Military, Daycare Housing, Choosing Jobs, Working with Spouse, Etc.
Radical Personal Finance
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How to Buy a House in an LLC for Cash
Matt: If we find a house that is currently purchased through an LLC, can we just buy the full membership interest of the owner's LLC for cash? Would this trigger something with the mortgage or bank that would require a refinancing? I know that we would need to do some extra work to mitigate liability risk. Matt: It seems like there's a ton of potential upside here if it is possible to execute something like this.
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