LLC on Title of your Real Estate?

[Toni Baca]

Hi there, 

I am house hacking my first property and I close next week! I am curious about the pros and cons of holding title to your real estate under a single member LLC?

My initial thoughts are: 

• Will this affect my mortgage? (I have a primary residence loan)
• Will this affect my insurance?
• How long after closing should I wait to quit claim the title to an LLC?
• Is there more protection owning Real Estate in an LLC versus your individual name?

What are your thoughts?! Thanks :)