Lenders that allow transfer to LLC

[Deep Patel]

Hi, we're looking for lenders for properties in the Birmingham areas who would allow a transfer a conventional loan to LLC. We are currently in the process of buying our first property with a conventional loan and would love to transfer the title to an LLC immediately after purchase. Appreciate any suggestions

[Chris Seveney]

@Deep Patel

Don't know any that will. If it's a single family rental there is no need for a LLC. Just get a good insurance policy and a decent property manager.

@Nathan G. Has a great post on misconceptions of the LLC