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Updated about 3 years ago,

User Stats

91
Posts
51
Votes
Mel Park
51
Votes |
91
Posts

Putting Rental Home - in Personal name vs LLC

Mel Park
Posted

I'm trying to refinance a rental property. Also want to get mortgage on my next rental property and I have conditional approval. My LLC - the underwriter wants "Articles of Organization" and proof that I'm authorized to sign. I looked on the state's website and my LLC comes up, with my name - but I have no clue how to find Articles of Organization.

Is this something I can just buy a template for, and fill in blanks?

OR, can I just put the property in my personal name, and buy an umbrella policy with a high dollar coverage amount?  Thanks for any ideas....

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