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Updated about 5 years ago on . Most recent reply

Lindsey Matejak's profile image
Lindsey Matejak's profile image
Lindsey Matejak
  • from Chicago, Illinois
  • Member since Jan 12, 2016

User Stats

21
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5
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Lindsey Matejak's profile image
Lindsey Matejak's profile image
Lindsey Matejak
  • from Chicago, Illinois
  • Member since Jan 12, 2016
Lindsey Matejak
  • Chicago, IL
5
Votes |
21
Posts
General Real Estate Investing

Primary Residence Mortage and Series LLC

Lindsey Matejak
  • Chicago, IL
Posted

Hi BP,

I just finished refinancing my 3-unit building in Chicago in which my wife and I live in one unit and rent out the other two. We purchased the property under our own names and our recent refi is a 30 year fixed conventional loan for a primary residence. I would like to move the property over to a Series LLC as we start prepping to buy another multi-unit. Am I allowed to switch the property into an LLC given the details of my recent refi as a primary residence under our names?

Thanks for your input!

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