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re: Changing the name of my LLC (or starting new one) vs. doing a DBA
Posted on 10/22/12 at 9:41 am to Bestbank Tiger
Posted on 10/22/12 at 9:41 am to Bestbank Tiger
quote:
I've seen several real estate investors who have multiple LLCs, each of which owns a different property or set of properties.
plenty banks now will not finance to LLC's.
You have to transfer title through a quitclaim deed to your LLC.
problem is some lendors have a DOS clause if you do that and want full payment after transfer.
speaking of which any real estate attorneys post on this board???????
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