I'm not sure I would sell it to a new llc or not, but if I did, I could even take the funds from the sale and purchase another property with a mortgage. 

They lend to LLC's no do doc no limit on number of loans.

A possible way to avoid the probate issue is to lend only to an LLC or other legal entity.  

Not looking for LLC set up yet.Thank you

If the target property was owned by an LLC of which your family member was the only member and it did not file it's own tax return, then even though the LLC is on the deed it would be "disregarded" by the IRS. 

I hired Premier Properties Detroit, LLC (owner is Olivia Davis) to manage my property. 

The one question I have is what if I own my rentals outright and they are not in an LLC or any other type of disregarded entity.

What's going on everyone,What does it take to originate and record a loan in California from an LLC?

Hi Guys,Have several SFRs, mostly cash bought, all of them are valued at +40% of my investment,I want to pull cash out of a few of them and keep buying more distressed properties-Given that all of these will fall under a commercial loan criteria (llc) , I was offered the following terms:6% @ 20 year term with 5 yr ARM and than fixed for the following 5 years, which is an average minus offer , i guess(?)

Alex, will you be purchasing this under an LLC, or under your personal name?