Quoting Dr. Ian Malcolm from Jurassic Park
"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?