Conventional Mortgage with LLC?

[Damon J.]

I have purchased a triplex which I will be renting out. The purchase was made with a conventional mortgage and in my own name thus the best financing options.

Obviously it would be advisable to own this property in an LLC which I have not set up as of yet. However I have understood that technically it is not possible to get "good" conventional financing when purchasing as an LLC and could also run into issues by diong a quit claim deed on my current property to move to LLC.

How have others handled this?