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Updated almost 6 years ago,
Purchasing LLC to get the portfolio of rentals
Looking at buying a small SFR portfolio. 3 properties, all have mortgages to the LLC that owns them. Looking at possibly just buying the LLC with owner financing their "equity" and me(only member of the LLC after purchase) continue making existing mortgage payments. Anyone have insite on possible DOS issues or would the bank even know since title wouldnt change???