Moving Rental into a LLC

[Michael Kulusich]

I need to take rental property out of my name and move to LLC . I called my current Lender and they have informed me they do not Lend to LLC ‘s I believe I have read somewhere that most banks will not carry mortgage for LLC. Currently have a balance of about $180,000 on mortgage, Redfin estimates value at $315,000. Anyone have a Lender that will Lend to LLC is Los Angeles area and possibly do a cash out refi as well.

Thanks

Mike K