Indianapolis - How can I change the title from my name to my LLC when the loan is in my name?
I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as I see rates climbing over the next few years. However, they only lend to individuals, so the loans are in my personal name. If I wanted to switch the title over to my LLC to provide more protection to myself, what effect would this have on the loan? I'm guessing the lender could act upon the due on sale clause, so is there a way to avoid that risk?