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HomeForumsGeneral Real Estate InvestingLLC - Basic information on mortgage and contract
Sofia Raj's profile image
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Sofia Raj
  • from Chesterfield, Missouri
  • Member since Sep 13, 2015
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Sofia Raj's profile image
Sofia Raj's profile image
Sofia Raj
  • from Chesterfield, Missouri
  • Member since Sep 13, 2015
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Sofia Raj
  • Chesterfield, MO
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General Real Estate Investing

LLC - Basic information on mortgage and contract

Sofia Raj
  • Chesterfield, MO
Posted Oct 29 2015, 15:16

What does it mean if I am the LLC owner

" own the mortgage under personal name and the property deed under LLC"?? How will the bank agree to use the personal mortgage on the LLC property?

I want to own a LLC and have rental properties under LLC. But there is so much different opinions on how to achieve this and how to get commercial load and insurance on the LLC owned properties.. Can someone guide with latest information?

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