Updated almost 5 years ago on . Most recent reply
Open an new LLC for rental property
I open an LLC in New York because my Hard money lender required an LLC to get an loan,
1) so the property will be on an LLC, but the properties in New Jersey is that the problem ? do I need to register the LLC in New Jersey ?
2) will I be able to get a mortgage on my personal name even the property is on an LLC ? if not is it a problem to remove the property from the LLC to my private name and back on the LLC after getting the mortgage ?