Quit claim to LOC after mortgage

[Wesley C Smith]

Hello everyone. I am buying my first duplex and plan to have an LLC to separate my personal and business financials. I was talking to my banker and he advised that I should by the property under my personal name then execute a quit claim and sign the property over to my LLC. Does this sounds like sound advise? Again, I am new so don’t fully understand the process. Thank you.

[Kevin Romines]

Here is the actual Fannie Mae guideline.