Updated over 8 years ago on . Most recent reply
Mortgage terms and turning a property into an lax
Hello fellow bigger pockets members, I am looking to turn my three unit property (NJ) into a LLC. I have a copy of my mortgage to check to see if this is possible without having to pay the entire debt off however it seems my mortgage was sold to a new lender.
What are the next steps? Calling the new lender?
Do you typically have a lawyer review the mortgage terms?
Any other steps or due diligence I am missing?
Many thanks! -Andrew