Updated about 6 years ago on . Most recent reply
Financing an LLC Question
I've been buying properties in my name and financing them in my name (to get more favorable interest rates). I want to switch them all to LLCs, but my current loan documents prevent that. How does everyone deal with this? And what type of financing do you get for a property in a partnership? I've got one deal financed through my LLC, but it's a 5 year loan that amortizes over 25 years. The rest of my loans are 30 year fixed.