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HomeForumsGoals, Business Plans & EntitiesTransferring 2 properties from personal ownership to LLC
Willie Flint's profile image
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Willie Flint
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  • Member since Oct 30, 2019
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Willie Flint's profile image
Willie Flint's profile image
Willie Flint
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Willie Flint
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Goals, Business Plans & Entities

Transferring 2 properties from personal ownership to LLC

Willie Flint
Pro Member
Posted Nov 10 2019, 17:54

Hello experts,

We have 3 rentals, 2 with mortgages, and started an LLC. We are buying more properties for sure and want to do things optimally. Does the bank allow transferring title to an LLC, or will require a re-finance with the LLC "Buying" the property? The third rental is 100% owned by us.

We want to BRRR all 3, but want to get everything into the LLC.

Thanks!

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