Building credit for LLC

[Cody Smith]

Hello BP, this is a two-part sort of complex question so I will try to keep it short.

I will be leaving my W-2 job in about 24 months (Army) and making my current part time business (RE sales) my full time job. This will put me on a commission based income and change how I appear to lenders I assume. I have one rental property currently.

I am thinking about opening an LLC so I can begin building the 2 years of credit history required by most (so I've heard). I wanted to transfer my existing rental into the LLC, but I have a Ginnie Mae loan and apparently this is only possible by refinancing the loan, which I don't really want to do.

So, my 2 questions are:

1) Is the LLC credit history as important as I am assuming? Will it actually help me in the long run like I think it will?

2) Is a refinance the only option I really have to transfer this Ginnie Mae loan into the LLC?

Thank y’all so much!