I have a question along these lines, any help is appreciated.
I recently purchased a four-plex in Sept 2014 using my VA loan benefit, and am in the middle of refinancing it under the IRRL offer to reduce the rate. Last week, taking suggestions via the Podcast, I formed a LLC last week here in Idaho and am seeking to roll title and deed into the LLC and out of my name, but it is my primary residence. I thought this would be a prime opportunity to roll it into an LLC given the refi timing. I live there due to the current loan requirement. My goal, after closing, is to vacate the property and move on to another four-plex, since the IRRL does not require owner occupancy as the initial loan required. I'm single with no kids and have the opportunity to move again, getting an owner occupied rate on the next investment. Suggestions? The current broker of the refi is says the lender will not title the property in the LLC's name.
