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Updated over 8 years ago on . Most recent reply

Devang Vora's profile image
Devang Vora's profile image
Devang Vora
  • Real Estate Investor
  • from Livonia, Michigan
  • Member since Mar 1, 2016
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16
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6
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Devang Vora's profile image
Devang Vora's profile image
Devang Vora
  • Real Estate Investor
  • from Livonia, Michigan
  • Member since Mar 1, 2016
Connect
Devang Vora
  • Real Estate Investor
  • Livonia, MI
6
Votes |
16
Posts
General Landlording & Rental Properties

Landlord insurance w/ LLC

Devang Vora
  • Real Estate Investor
  • Livonia, MI
Posted

My business partner and I bought our first condo under our name. The landlord insurance is under our name and is part of the mortgage payment. I want to move the condo into an LLC. I'll have to change the insurance from our name to an LLC. Since the bank sees this paperwork, they will notice that the landlord insurance is under an LLC, are they more likely to pull the due on sale clause

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