Transferring Property from my LLC to a S Corp?

[Brie Schmidt]

My husband and I jointly own 3 buildings with residential financing in our personal names. We also own 15 buildings (50/50) in our LLC.

The problem we are running into is that our investment properties with residential financing are sitting at about a 50% LTV, and we can't do a cash out refi because fannie/freddie recognizes the LLC properties so we can't have more than 10 or do a cash out refi once we get 5.

If we had the LLC properties in a S Corp then fannie/freddie wouldn't count them. So we are considering moving them all over to one. I read up about S Corps and don't see that much of a difference. What am I missing?