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Updated over 5 years ago,
llc question regarding bank accounts
im currently buying a property and after i purchase it I will be transferring the title to my llc but the banker is telling me that I can not transfer the loan into a llc in addition to the title. They are requiring that I open have a personal bank account for this loan as I bought it in my name. Should I just transfer what I can to the llc and not worry about the actual bank account? I guessing most people just transfer title and thats it. Let me know what you think is the best way to do this and if I need to even worry about the bank account. thanks in advance