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Updated over 5 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Ben Daniel
  • Rental Property Investor
  • Cleveland, OH
1
Votes |
3
Posts

Property Title - LLC vs Personal Name

Ben Daniel
  • Rental Property Investor
  • Cleveland, OH
Posted

Various posts have touched on this already. Feel free to refer me to them. But I have what I feel are two simple goals.

- Liability protection (I.e LLC)

- Lowest possible interest rate (i.e. primary residence 30yr mortgage)

Any ways I might accomplish these together?

Right now I feel my only option is to shop around with small banks to see who is willing to lend me money on a rental while I hold title with the LLC?

My fear is that the loan will be called due if I purchase in my name and then transfer title to LLC.

Thanks!!

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