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Updated about 6 years ago,
Title in our name instead of llc
My wife and I have 8 single family homes. The Mortage, insurance and titles are in our names and not our LLC.
Questions 1. Should title be in llc name. If so will that cause problem with Mortage company.
2. Insurance in llc name? Will this also cause problem with Mortage company ?
3. Can Mortage be in our name with title in LLC name?
I have some understanding about the liability pros and cons but more concerned about what our existing Mortage company would do if changed all to LLC.
Any ideas?
Thanks steve