LLC funding for first property

[Adam Frantz]

I know that there have been a lot of posts about whether or not to use an LLC or not for REI. This is not a post about that. We have settled on doing an LLC. However, I have heard a few times on the podcast and in books that banks prefer to loan to individuals rather than LLC's in the beginning because the LLC has not yet established cashflow. So, this may make finding a lender a little more challenging that if we just found one for ourselves without our LLC.

So, my question is, if we transfer money from our refinance into our newly formed LLC, would that make our LLC more attractive to a lender for a first time REI investment? We would prefer not to risk the bank calling on our loan by buying properties in our name and transferring them into the LLC from the Due on Sale clause.

Thanks