Transferring rentals to LLC

[Thomas Roberts]

I currently have 6 single family rentals and 2 flips at the moment. My goal is to start treating real estate as a separate business (I also have a day job).

I have an LLC set up with a bank acct and all that. But the issue I'm running into is I can't transfer the properties to the LLC for a number of reasons (I have 30 year mortgage on all of them, except flips obvs). My LLC's and properties are all located in Houston TX.

Issues

1. Notes will be callable by lender

2. Title insurance will be canceled and that will notify lender, and then I’ll have to buy 6 new policies at around 1k each

Questions

1. Would it be better to “re-fi” with a blanket type Mortage product? It would need to be around 25-30yr amortized and under 5.5% to keep similar cash flow.

2. If I keep the properties titled under my personal name, can I still write the leases between my LLC and the tenant, leaving my personal name out of it?

3. Are there any angles I’m missing? I’m trying to scale this to 10 rentals once my flips sell.

Open to all suggestions. Thanks!