Start an LLC or quit claim property later for favorable terms?

[Tom Donnelly]

I'm an out of state investor about to close my first property in Omaha, NE. My lender has asked if I want to purchase the property under my name or an LLC, which will determine the loan terms. From my understanding if I purchase in my personal name, I can get a residential loan as opposed to commercial. Does anyone have advice/experience closing in their personal name and quit claiming the property into an LLC shortly after? Is it higher risk and is there any reason I wouldn't want to do this?

This is a buy and hold property and I plan on staying in it for at least 3-5 years.  

Thanks,
Tom