Turning your primary residence into a rental

[Chris Pohlson]

Does anyone have any advice on how to turn their primary residence into a rental when upgrading to a new home? I want to keep my first house as a rental but transfer the title to an LLC. I understand that will activate my mortgage's due on sale clause and I would have to refinance that loan? Will I still be able to get a 30 year mortgage? If I had to do a commercial loan and move down to 20 years, cash flow would take a large hit. My mortgage banker suggested a trust. Will that still protect my assets? Anyone have experience with this? Thanks!