Updated about 7 years ago on . Most recent reply
Personal to LLC loan transfer
Hello there, I'm newer to real estate investing and had a quick question. When I put loan in my name for a property and then transfer the deed into my LLC does the loan it's self go into the LLC or just the property title. Im under the impression that the only thing that changes is the property title and if I'm correct wouldn't that still defeat the purpose of the LLC it the loan it's self is still in my personal name? And also is it possible to transfer the loan into the LLC too ?