Buying as an Individual - Transferring to a Business

[Alvin Pereira]

Hi my BP Family! I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won't give a mortgage to an entity. However, I also keep hearing the great Brandon Turner saying he's mortgaged property under his name and then placed them under a business. Anyone have any experience or thoughts on how to do this? Thanks for the help! - Alvin