Yep... Another LLC question but....

[Mike Hoover]

Hey BP team,

I finally got my first two SFH properties bought and rented. I purchased with all cash and bought under my new LLC to protect my personal assets. Now I'm at the refinance step and every bank I talk to will not give me a loan even with me personally guaranteeing the loan. This is not a debt to income or credit worthiness issue. They are all saying the same thing. I can apply for a business loan at a higher rate and interest rates are up for revaluation every 5-years. I bought these in PA and was debating the idea of paying the 1% buyer 1% (yes 2%) seller deed transfer tax ($250k value or $5K) & fee to put back in my personal name in order to take advantage of current rates and leverage my equity to grow. I thought I read and did all the research to set this up correctly. Am I thinking about this the right way? Should I have never created the LLC until I maxed out my ability to get conventional financing?

So grateful for your input.  

Thanks
Hoover from the Burgh