LLC vs umbrella policy for long term rental

[Mark Thiel]

So I'm a total newbie when it comes to real estate investing outside of owning a few personal use homes. We're looking at buying a rental and are trying to figure out the best course for taking a second mortgage out. I've heard different things like taking a Fannie Mae loan out then converting it to a LLC and the likelihood of triggering a due on sale clause is minimal. I've heard pay a slightly higher rate and take the loan out under your LLC. And then I've heard take a conventional loan and make sure you have a good umbrella policy. I'm leaning towards the Fannie Mae route but have no idea the process to transfer it to your LLC later. Do you transfer the mortgage, the deed, etc? I appreciate any help yall can provide.