First Purchase, Personal Credit or LLC
Hello! I am a new investor looking for my first deal in the Ann Arbor area. I'm primarily looking at single family homes, condos, and off market opportunities. I'm curious what metrics people use to decide whether to purchase their first properties under personal credit/financing or under a new LLC. Does it just come down to qualifying for certain loans/lower interest rates? If you go the personal route, is it easy to transfer properties over to your LLC at a later date? Lastly, what are some tax/insurance implications of the different routes?