Long Term Financing for SFHs held in LLC
Hi everyone. For liability protection purposes I have the one SFH I own in an LLC. I'd like to start purchasing a few more, but would also want to hold those in an entity (LLC) to shield against personal liability for events on the property - the LLC does nothing to shield against the debt, for which other collateral or personal guaranties are always going to be required and I am fine with that. My question is, how to get long term 15-30 years, fixed rate financing, on new acquisitions purchased through an LLC - my local banks tell me five year commercial loan is all they can do. I want the longer term financing so as to lock in what I consider to be very cheap money at today's interest rates. Thanks