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Updated about 8 years ago on . Most recent reply

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Douglas Otto
  • Jefferson City, MO
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5
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Newbie from Jefferson City, MO

Douglas Otto
  • Jefferson City, MO
Posted

Hey guys!! I wanted to introduce myself,  my name is Doug Otto and I currently live in Columbia, MO.  I own an American Family Insurance Agency in Jefferson City and have decided to finally put together a plan and start investing, as well as actually put my degree to work. Last year I purchased my first  investment property that I actually run my office out of. After lurking on here and listening to as many podcast as possible,  I have decided to get a partner and jump into another property which we will be closing on in a couple of weeks.  

I did have one question, does anyone know the laws in MO for buying a house with a conventional loan and then transferring it to a LLC? We are not doing it on this purchase, but was wondering if there was a work around to get a fixed rate instead of using a commercial loan.

Thanks in advance and looking forward to getting to know a few of you

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