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Updated 8 months ago, 05/01/2024
Can We Transfer Title to LLC With Same Loan?
Hi! My two partners and I are trying to transfer the title of our investment property to an LLC, while maintaining the same loan.
For background, only 2 of the 3 partners are on the loan and title. However, all 3 partners own an equal share of the LLC, so we want to transfer the title to the LLC. Can we do this while maintaining the same loan, so our rates don't go up? It is a second home loan.
Thanks!