LLC

Hello,
My name is David and was advised to post this on the legal forum;
I have 4 single family rental properties in Florida. I was advised to set up an LLC for personal liability protection for those properties. They are all conventional loans. I have contacted 3 of the 4 Mortgage companies that hold my notes and each of their assumption departments told me that their investor guidelines prohibit that transfer as I was approved for the loan not my LLC.


What should I do? Any good resource books or web sites?

All advice welcome.
Thank You!
David

Comments(1)

  • ray_higdon12th March, 2005

    Two books, both by the same guy.

    Asset protection by Mark Warda and Land trusts in Florida by Warda.

    [addsig]

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