Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on .

Account Closed
  • Investor
  • Dallas, TX
22
Votes |
67
Posts

Quoting Dr. Ian Malcolm from Jurassic Park

Account Closed
  • Investor
  • Dallas, TX
Posted

"Yeah, yeah, but your scientists were so preoccupied with whether or not they could that they didn't stop to think if they should."

I am questioning whether or not I should use my ability to finance up to 10 properties per FNMA guidelines just because I can. Just because I would have tenants covering these mortgages doesn't mean I wouldn't have a harder time getting conventional financing later on with all the depreciation, etc.

What are your thoughts on my strategy here?

I am considering doing everything through a Portfolio Lender under an LLC to keep even my first 10 properties off my personal name.

Do have the right line of thinking here? Is it silly to do so? I am thinking from the mindset of a Lender. I don't want my business investments to interfere with my personal business and further complicate everything I do.

I realize that in doing so, I am sacrificing some in the rate but it seems worth it in the long run.

Did anyone execute this strategy starting out?