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Updated 11 months ago,
Can I buy in my name and transfer to LLC?
I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it a commercial loan and they don't do those types of commercial. I'll need to purchase in my name.
Can I purchase in my name then transfer or assign it to my LLC? How does that work, how difficult is it, what are the considerations? The property is in Ohio.
Thanks!