I just ran into this issue with a client doing a 1031 from 9-units into two smaller buildings.....they were not able to obtain financing using an LLC. If you are still in need of assistance, send me an email and I will provide you more details.

I would have to agree with Scott. You need to talk to a mortgage lender that you trust to get the answer.
The last few weeks, the rules have changed. I had two deals get squirrelly Thursday and Friday this week. We got one closed and the other should be closing just a few days off.

I do know someone that deals with commercial loans that would probably love to run the rates for you to see where everything falls. Don't hesitate to do some shopping. Jumbo/Commercial loans are a horse of a different color, so make sure that you get someone that knows what they are doing.

If you want to talk to the person I know, email me at Jim@JimVTRE.com. I will put the two of you in touch.

Good luck!

it may, you will need to put more money down (20% range plus) have excellent credit and have to sign for it persoanlly as well. check with a local mortgage broker, stay away from the internet lenders. Good luck with your search