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