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Updated about 2 years ago on . Most recent reply

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Quit Claim Title to LLC question

Anthony Pantuso
Posted

Hello Bigger Pockets Friends!

I purchased my first 3 rentals last year and this year part of my goals are to get them stabilized. A step in that direction is to transfer the titles to an LLC in which I am the sole member. I do have mortgages on all 3 of these properties. I know this is a standard practice and thousands of titles are quit claimed a year, but do you typically give your mortgage company notice?

Thank you!

Tony

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