Converting properties to an LLC name

[Juan Zabala]

Good morning Bigger Pockets team. I am currently having an issue as I go to refinance some of my properties. When I initially started investing I invested in my own name. The lenders that I was working with at the time weren't as receptive to refinancing under an LLC name. I got three home equity lines of credit on my properties and a loan from a local CDFI for my commercial property. All of that debt is under my own personal name. I have learned the impact of having things in your name the hard way. Since the properties are under my personal name they count against my Debt to Income ratio. Properties under the LLC name do not count against your personal DTI the same way. I am trying to move the properties from my personal name into my LLC's name. Has anyone run into this issue? If so, what strategies have you taken to put the properties in your LLC's name? Are there any specific lenders that you would recommend to work with? Thank you in advance for your help!