Should I form an LLC? I Have over 10 investment properties.?

I have currently been paying cash for my properties and then taking a loan out on them for my money back after i rehab them. My question is since i have acquired over 10 properties alot of banks are now being reluctant to lend me money because i have over 8 mortgages in my wife and I's name. Is forming a LLC the way that some people have over 80 investment properties. I know the local guys in my town are paying cash for these and pulling there money back out of them after they rehab them. I have an excellent income to debt ratio also.
any help from investors is appreciated
thanks in advance

Definitely form an LLC or incorporate. Now is the best time to do so, since banks look at year of incorporation as a factor in determining your loan.

Plus it's good to cover your butt, you never know these days if someone is going to sue you.

I wouldn't waste my money, most LLC's are done improperly and don't really afford protection from liability.
I suggest you go to a hometown bank or try a commercial loan.

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