Hardmoney loan - llc or personal name?
My hardmoney lender told me placing the hardmoney loan in my personal name, refinancing with the bank, and then transferring title to my llc is the best way to go about a brrrr in Texas, as it allows more exit atrategies. Is this good advice? I thought the due-on-sale clause would stop me from ever transferring title to my llc after purchase.