Quit Claim Deed / Finding Lender - Please Help!
Hello BP,
Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am wanting to secure long-term financing while rates are so low and get the property into an LLC for the added protection.
Most banks that I have spoken with seem to understand the concept and do not seem opposed but aren't willing to provide any form of written guarantee that once the Quit Claim Deed takes place they won't call the note due.
Would love suggestions, advice, connections if at all possible!