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Updated over 8 years ago,
Subject to my own house to my business
Hi, I started my journey with becoming an accidental landlord. I now have decided to form an LLC and get serious with Real Estate. I want my current house to be under the business, I'm thinking of having my attorney draw up subject to contract for the business to start taking over the mortgage. My attorney mentioned that some mortgage companies will have a problem with that and may lead to losing your mortgage. Has anyone had a similar situation or have advise for my situation?