Hi, I have a rental property in my LLC name, and it has been a nightmare, if not impossible trying to get funding or a mortgage against the property. Banks just dont want to deal with those entities. Someone suggested either adding my name to the title or quit claiming the title to my name only. What do you guys think?
In both cases I would get a landlord policy and a PUP to protect myself.
Residential loans can only be made to a person. Commercial loans can only be made to a business. You may be talking to the wrong banks.