subject to loan or new financing?

[Laura Rose]

Does anyone have any advise on purchasing 5 unit rental via purchasing existing LLC and subject to existing loan (obviously the lender could call the loan if discovered) - saves transfer/recording fees for seller/buyer now and variable rate based on 12-month treasury currently around 3%. I would have to refinance as guarantor within 3 years (and then pay recording taxes anyway) Prepayment penalty has since passed but technically bank could assess transfer penalty when called.

Versus, set up new LLC with myself as guarantor right now (local bank), fixed rate 6%, adjusts every 3 yrs amortized for 25 years 1% origination fee now no prepayment penalty and no fees when the rate is subject to change every 3 years (will have loan committment Monday). I plan on keeping this for quite some time - fully rented and I leaning toward taking what I know and can count on right now (new loan) versus subject to and not knowing exactly what could happen in next 3 years. Any thoughts/suggestions?