Forming an LLC for my business

[Patrick Reisinger]

I currently have 5 rentals (looking to grow) that are financed conventionally. That being stated, my lenders will not allow for me to transfer title into an LLC. Since I'm not able to transfer any of my 5 rentals into a respective LLC, what would be the purpose of creating an LLC for the overall business in the first place? What would be the difference between establishing an LLC for my business compared to keeping it as a sole proprietorship? Any advice would

be much appreciated.

Thanks!