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Updated about 13 years ago on . Most recent reply

Chris Brown's profile image
Chris Brown's profile image
Chris Brown
  • Investor
  • from SF Bay Area, California
  • Member since May 9, 2010
Connect

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12
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2
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Chris Brown's profile image
Chris Brown's profile image
Chris Brown
  • Investor
  • from SF Bay Area, California
  • Member since May 9, 2010
Connect
Chris Brown
  • Investor
  • SF Bay Area, CA
2
Votes |
12
Posts
Private Lending & Conventional Mortgage Advice

Lender wont agree to switch to LLC , what are my options?

Chris Brown
  • Investor
  • SF Bay Area, CA
Posted

I have used Coldwell Banker's Mortgage unit to finance my investment property about 12 months ago. I recently asked them if it was ok if I change title from my personal name to an LLC in the State of California. They said no.
What are my options to register it in an LLC?

If I just do it, what are the odds that they accelerate the loan? (I am current on the loan, 5.25%, and still have 25% equity).

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