Cash-Out Refinance from LLC to Personal Name

[Shawn Kostoff]

I purchased a rental property in Wilmington, DE in the name of my LLC on a interest-only loan from a family friend. I am now looking to do a cash-out refinance on the property and I am looking to do so in my personal name to get the best terms possible. My question is what are some of the pitfalls or concerns I should have with this process. In an perfect world 6 months I will then transfer the title back into the name of my LLC.

1. How often does this trigger the due on sale clause?
2. What type of risk does this cause (if any) going from my LLC to my personal name, back to my LLC?

3. What else am I missing?

Anyone who has gone through this process before or with knowledge on the subject that can offer some insight would be greatly appreciated!