Rookie Mistake-Can't move prop from my name to LLC w/o refi

[Mark Minehart]

I'm extremely aggrivated by a bonehead mistake and wanted to see if anyone has delt with this before.

Long story short - I bought property in Ohio (great deal) intended for rental before I had my LLC set up. The Wells Fargo mortgage is of course in my personal name. My intent was always to get the property in my name then do a quit claim deed to the LLC. Thinking that since the loan itself will remain in my name I can still move the property over to the LLC for a small fee for the new deed.

Wells Fargo just informed me that I need to have a commercial loan to do this and that they would call for full payment if they found out I moved it.

Clearly, this is my mistake for not adequately researching this and ensuring my bases were covered.

Has anyone encountered this problem before? Is there a creative way around this that doesn't require a ton of money in closing costs and fees to rewrite the loan?

If you are a beginner like me, make sure you know the finer details and clearly explain what you are doing before you do it!
Mark