LLC Creation For Rental Properties

[Arron Paulino]

Hello,

I am wondering if I need to create an LLC or keep adding rental properties under my name. My worry is that when I reach the maximum of Freddie and Fannie's conventional financing I will need to either look elsewhere for good terms for funding or free myself up somehow. Not sure if I need to get an LLC I just want to prepare myself for when the max happens. Maybe I will need to get one portfolio loan to group up all of the properties. I am looking at expanding into other markets. Does an LLC need to be in the state where the properties are located? Would I need multiple LLCs? Looking forward to hearing from the community!