Transferring property title to an LLC
I'm trying to transfer my personal property to my LLC (a property I rent). I was told to contact lender and transfer property title to my LLC. Which I'm planning to do because apparently banks don't transfer mortgages to LLC.
Every broker I talk to is pretty much clueless about transferring mortgages to an LLC.
Is transferring title to my LLC while still having the mortgage under my name beneficial for when I go applying for another home loan? Or will that scare away banks?