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Updated almost 6 years ago,
Putting a property in a LLC while still having a loan on it
So I have been using my old primary home which I bought with a loan under my name as a rental property. I would like to put it in an LLC as an investment property. This means that the house would technically be under the LLC. Is it possible to do this while having the original loan that I used to purchase it. Will there be any issues since the lender will have to change the property owner (loan owners name) I guess. Anyone here have done this before?