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Updated over 5 years ago,
Can you turn an existing mortgage into an LLC?
Hi All!
My name is Jeff Byrne and I'm from New Albany, IN. First time poster, haven't even gotten started with our plan. My family wants to start in the RE game by renting our own home after making some upgrades to the house. Our question is can we start our own LLC and put our existing mortgage under that LLC? We're looking to start renting the house a year from now but want to make sure we can take this first step. If not, is there other ways to do this? For reference we are in Southern Indiana just north of Louisville, KY. Thanks!!