Tired of being a hobby investor. Ready to do it as a business.

[Ryan W.]

I own three properties:

1. 4plex
2. SFR
3. Condo

These are all rental properties, fully-occupied, well managed for years, etc. The mortgages aren't at great rates, though, and I need to improve the financial situation of the properties.

These properties were all purchased and held in my name. I'm trying to refinance a couple of them and it's like pulling teeth because I'm self-employed and two of the mortgages are privately-held and everything gets lumped into my personal finances, etc.

I want to purchase more real estate over the next 18 months, though likely larger commercial multifamily deals, and I want to get away from the mess of personal real estate loans for investment purposes. How do I move these properties that I currently hold into an LLC and build credit in the LLC? I don't mind personally guaranteeing the loan, but it'd be nice if the primary borrower was the LLC, and I could personally have no real estate ownership, income, or expenses to muddy up my balance sheet and income statement, just the ownership in the holding LLC. Does this make sense?