Posted by John Merchant on November 14, 2005 at 09:37:33:
Simple to do.
Deed properties into the LLC.
As long as your loans are current, the banks don’t really care…after all, you are still on their notes, personally, and your mortgages and deeds of trust are really unchanged, so their security is hardly affected.
Limited Liability Company - Posted by Dale
Posted by Dale on November 08, 2005 at 10:10:42:
I am a real estate investor who owns quite a few residential properties. I want to put my properties into a Limited Liability Company. The problem I have is that all the properties I bought are in my name, not a corporation. How can I get these properties into the corporation without having to redo all my loans?