How to obtain a 30 yr fixed mortgage under an LLC

[Drew Kessler]

I have a couple mortgages under an LLC that are commercial loans. They are adjustable rates and balloon after 10 years. This isn't an ideal situation for me even at the deal I acquired the properties for. I have heard some horror stories of there being no money available to refinance at the end of the term. So my question, is there a way to get a 30 year fixed mortgage under the protection of an LLC?

Could you purchase the property in your name and transfer into the LLC? I know that this can trigger the "due on sale" clause with the lender but I've heard there are ways around this using a land trust?

Thanks for your insight 

[Kenneth Garrett]

@Drew Kessler

I use commercial loans all of the time.  Every loan and different banks are at 20 or 25 year amortization.  Some balloon at 5, 10 and 20.  If you want 30 year you will need to put it in your name.  You may need to house hack.