All Forum Posts by: Blake Shaw

Thanks David.

BUT...

And give up my 30-year fixed at 3.375% (something I may never get again) -- not sure I can bring myself!

Hey everyone,

Just joined BiggerPockets. Question for the experts here:

I quit claimed my house to an LLC without notifying the mortgage company (the traditional advice). But since I'm changing my primary home to a full-time rental, I'm switching insurance providers (and the new insurance needs to know the Named Insured). If I put the name of the LLC, this will be reported upstream to the mortgage company - and maybe they'll catch it. Or should I put myself as the named insured (which negates the point of the LLC!)?

I'm sort of in between a rock and a hard place. 

Thanks much,

Blake