BiggerPockets

Joshua,
I have got loans in persoanl name and transfered title to entities many times over. I have never had a lender call on the due on slaes clause. They key here, which the banks realize, is that the entity owner is the same as the person on title (YOU) and therefore there is really no problem. I have yet in all my years, here of any investor having a lender actaully go through with a DOSC after a title transfer to an entity.

What you MUST do is make sure that your insurance is changed. When you purchased the property in YOUR personal name, you (persoanlly) were listed along with the lien holder as the insured, and now that the entity is the owner, the policy beneficiary needs to be your entity and not you, otherwise, the insurance carrier could deny a claim as YOU personally do not own the property anymore.

There also may be some question about whether your title insurance policy is still in force if you quitclaim to your LLC.

Lee, I can sell you my interest in the Brooklyn Bridge using a quit claim deed and I have sold you nothing because I had no interest in the Brooklyn Bridge.
All I did was get you to pay me to quit any claims that I might have had in the described property.

By using a warranty deed I am signing that I indeed held an interest in said property and have all full and legal rights to sell such interest to you. It often also states that there are no other interests in said property except as stated above. That other interest (usually in the form of a lien) is also agreed upon as to how it will be setteled so that the title can be transferred "free and clear" of all encumbrances to the buying party.