Investing under a Series LLC

[Brett Cummins]

I was talked into the benefits of creating an SLLC for my rental properties, with each new property listed as a "series" under the parent LLC. I only have two underneath it so far. I am finding it difficult to find lenders who will lend for investment properties underneath an SLLC. So then what is the point? I cannot pay full price for a property and then put it under the SLLC and many lenders require a loan to be paid off before quit claiming it underneath the SLLC after closing. Does anyone have experience and/or advise on this?