Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 14 years ago on . Most recent reply

User Stats

1,493
Posts
268
Votes
George P.
  • Real Estate Investor
  • Baltimore, MD
268
Votes |
1,493
Posts

transferring title to LLC - PNC Bank ??

George P.
  • Real Estate Investor
  • Baltimore, MD
Posted

Called PNC Bank and inquired about their approval to transfer the title of the property to LLC for liability and asset protection purposes and advised that I shall remain liable for the loan. After extensive explanation, I was put on hold, the bank rep consulted with "help line" and advised they do not allow it. On my question "Why?" she answered "because we do not allow it". She refused to transfer me to anyone else pretending to be the competitive source of reliable information.

Was it me who didn't ask the question correctly or the rep who had no clue on what to ask their "help line" for?

Loading replies...