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Updated almost 6 years ago on . Most recent reply

User Stats

3
Posts
1
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Saul Potts
  • Brewster, NY
1
Votes |
3
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Deeding House from LLC to Me to Refinance, Need to Inform Tenant?

Saul Potts
  • Brewster, NY
Posted

I have a conventional mortgage under my name that I got before moving the house to the LLC.

Now I want to move house back to me briefly to refinance the mortgage, because conventional lenders do not lend to LLCs. After the refinancing I will deed the property back to the LLC.

During this out-and-in process, do I need to inform the tenant?

I would prefer not to do that if possible, because I don't want to expose myself during this brief vulnerable period without protection, but I also don't want to break any laws or LLC shields if this process is not handled correctly.

What are your thoughts?

Thanks.

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