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Updated over 7 years ago,
Should I put property in LLC at Closing?
Hello all,
I'm under contract for a duplex in Chicago right now and I was wondering if I should put the property into an LLC at closing or hold it personally for a while. The plan is to refinance the property in the future but I heard it would be difficult to do so with it being in a LLC. I've read about switching the property to my name, then switching it back after refinancing, but I'm worried about the lender calling it due. What would you do?