To clear up the distinction, everything everyone said has been right in their own respective context's however a property going from LLC can go to personal names or intervivos living trusts with conventional financing but yes it cannot go from LLC to LLC using conventional financing and this distinction is where portfolio or commercial financing is needed.As for the up to 6 financed properties for cash out yes freddie mac can do this while fannie is limited up to 4 unless if its delayed financing which has a limit of 6 for freddie and up to 10 for fannie with varying LTV's depending on whether your doing delayed financing or if you're doing a regular purchase/rate and term refinance and depending on how many units you're financing.2-4 units typically have LTV's that are lower by 5% as compared to 1 unit properties on the purchase and rate term refinance with properties 5-10 with fannie, however the other distinction is that with freddie properties 1-6 and even 5-6 dont have that "lower," LTV reduction as with fannie so this can be seen as a niche.to do a traditional cash out with out LTV or value restrictions the property will have to be owned for 6 months.

I echo the distinction that @Anthony Gayden pointed out in his comment. 

This can help you raise capital at a faster pace than through RE investing only.For example, because I can’t just show up and compete with you, your company has a distinct advantage.

Wow, a thread with 3 consecutive distinct users from Sioux Falls, SD!

This is an important difference and you will probably learn the distinction through trial and error, emphasis on the error.

@Alex Heifetz1 - Hyde Park township is distinct from the Hyde Park neighborhood.  2-flats in the neighborhood would be much higher in price.  

<-- your problem3.properly; legitimately: a claim fairly made.4.clearly; distinctly: fairly seen.

There are various other provisions related to vehicles; however, they can be one big benefit.It is VERY distinct that if you operate a business you must pay taxes when you profit from the merchandise you sell.

So I run into a very interesting dilemma that has shown two very distinctive and conflicting view points.

Josh L.Professionals are distinct from the ordinary crowd.