Converting traditional mortgage title into LLC?
Hi All!
I hold a traditional mortgage on my 4 unit. Wondering the process of converting my deed to an LLC?
Thanks,
Tom
Most Popular Reply
Steve Vaughan
#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
- 16,143
- Votes |
- 10,267
- Posts
The mortgage co will have the right to call the loan with the due on sale clause.
More importantly, your title insurance was issued to you. As was your property/hazard insurance. You won't own it anymore. Asset protection. LOL



