How to Legally Protect Ourselves

[Alexander Beaulieu]

Hi all, I'm a first time investor and I'm looking to set up some legal entity to protect myself before investing in properties. I've spoken to a couple lawyers and have been told the following two options are my best bet:

1. LLC or Series LLC (with this stated as the most viable path)

2. Tenants in Common (for a partnership which I plan to do)

Looking around BiggerPockets all I see is discussion around LLCs.

If these are the options, how are people getting around the fact that banks won't do a conventional mortgage to an LLC, or seemingly allow you to transfer the mortgage from your personal name to an LLC?

Would really appreciate any insight fellow investors can offer!