Cash out refi in an LLC

[Javier Sanchez]

I currently have a rental property that is fully paid off that I am looking to refinance under an LLC. I have a mortgage broker that can support a cash out refinance where the title would remain under the LLC, but the loan would be under my personal name and credit. Does this make sense? Is there anything I need to consider that I am not thinking about? Is there risk to this?

I am starting to explore my options from a commercial loan standpoint as well...just in case.

Would greatly appreciate insight from the group on this. Thank you in advance!