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Updated almost 13 years ago on . Most recent reply

Justin S.'s profile image
Justin S.'s profile image
Justin S.
  • Investor
  • from Buffalo, New York
  • Member since Oct 13, 2012
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Justin S.'s profile image
Justin S.'s profile image
Justin S.
  • Investor
  • from Buffalo, New York
  • Member since Oct 13, 2012
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Justin S.
  • Investor
  • Buffalo, NY
10
Votes |
39
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Multi-Family and Apartment Investing

Transferring properties to LLC

Justin S.
  • Investor
  • Buffalo, NY
Posted

Looking to transfer properties to LLC from personal without the lender calling the mortgage.
Any suggestions?

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Mike Nelson's profile image
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Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
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Mike Nelson's profile image
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Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
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Mike Nelson
  • Wholesaler
  • Washington, D.C
94
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449
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Mike Nelson
  • Wholesaler
  • Washington, D.C
Replied

Transfer them into a land trust and make your LLC the beneficiary. That should solve the problem, I do this with my Sub2 properties all the time. Hope this helps!

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