LLC, Inc, or Personal

[Miguel F. Mena]

Hello,

I recently purchased a rental property (my 1st) about 3 months ago. I was able to rent it out immediately within 1 week after the purchase. I paid for it in cash and will be doing a refinance of the property to recoup my money used to purchase the property. The property is currently in my name. I'm am interested in purchasing another property but before doing so I would like to know if I should have the property put under an LLC or Inc. or keep it under my name and continued. The property is properly insured to protect myself however moving forward I wanted to know what would be better in order to obtain the refinance and moving forward with additional properties, keeping it under my name or under a business entity.

Thanks!

Tito Mena