Traditional Mortgage with LLC

[Jai Nigam]

Hi, I am fairly new to the real estate investing game and looking to purchase my first property soon, most likely a single family home.

I've been reading up on holding companies to create but learned that banks generally do not give traditional mortgages to LLCs. I was wondering what would be the best approach for setting up a company to hold my properties and minimize liability in the event of a lawsuit? I've read up on Series LLCs, for example, but those seem to be somewhat early in their development. So, I wanted to hear how others initially set up their company. 

Any advice is greatly appreciated!

[Wayne Brooks]

You finance an investment property with a Fannie Mae conventional loan in your name, 30year fixed rate, then transfer title to an llc that you own...this has been allowed for 3 years or so.  If you Buy in the llc name it will be a commercial loan, 20-25 year amortization, 5-7 year balloon, higher rate.