Transfer to LLC or buy landlord liability insurance?
I have a few rental properties in Seattle city limits. Used conventional loan to finance the mortgage. All are individual condo units. Lender does not allow me to transfer to an LLC (which can trigger "due on sale" clause in my mortgage). My loan agent told me I can do so secretly; as long as I pay my mortgage on time, she's not sure if the lender can find out. Has anyone done this before? My concern is when I pay property taxes to my lender and my lender pay the county, and they should see in the tax statement that owner has changed from my name to an LLC?
Alternatively, I'm thinking about buying landlord liability insurance. I wonder if there's any good insurance agent/company that you recommend?