How to best protect my investment

[Lorien Rollins]

Hi all-

I own 1 LTR in Denver NC. I want to protect it but do not know how best to go about it. The mortgage is in my name as well as the title, but I do have an LLC open. I am running the lease and the banking through the LLC. Can I do a DSCR refi and change the name into the LLC? I appreciate any/all guidance!

[Vincent Jacobbi]

Hi Lorien - yes. With the DSCR refinance, part of the process is telling title how to vest the property.

[Erik Estrada]

On a DSCR refinance, you can hold title in an LLC, however a person will need to be on the loan (not an entity).

You may want to check with your current mortgage company, if they will allow you to do a quitclaim deed into an LLC.