Asset Protection options if you have a mortgage on property

[Colin Roberts]

I have a triplex that I acquired using an FHA loan and was wondering what kind of asset protection options you could gain. I know going through an LLC can cause the mortgage companies to call the loan due so I wanted to see how you would remedy that situation. I just recently purchased the property about 5 months ago but I wanted to see what I could do to protect myself moving forward. I also have another single family property so I have a total of 4 doors now.

I also wanted to ask about the proper way to set up my bank accounts moving forward. I wanted to commingle these questions because I would think that if there were any asset protection options for me and my personal scenario then it may affect the way I structure my bank accounts.