Need help with a situation on 4-plex

[Ravi Karuturi]

I bought a 4 plex with a friend by going everything 50%. For some personal reason i need sell my share to a mutual friend. I need to know what does it involve. Should i just call bank and see if they can transfer the loan as is on his name or will be a new app with new interest rates? how can i structure this easily and who would be the right person to reach to.