LLC or not?

[Esti Silverman]

I've read a few of the forums on here about making an LLC or not for my real estate ventures and am pretty confused.

I am in the process of finding and purchasing my first multi-family property. From what I understand, it might be a bit much to make an LLC at the moment. However, should I plan to make one in the future and move this property into it? How does that affect my loan on the property? Or would it make sense to refinance directly into the LLC down the line? Wouldn't an LLC make it easier to manage finances? Would an LLC make more sense once I move into commercial properties (5+ units)?