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Updated almost 8 years ago,
Newbie from Jefferson City, MO
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