Conventional verses Commercial Loan

[Lorraine Martin]

Hi Yall, my husband and I are wanting to build our investment portfolio. Which is the better route to take? Conventional or Commercial? We have cash to put down for both. We were told commercial loans reduce the liability for you? You can put in LLC ? Is this true?

We want to get probably 8-10 more properties total. 

[Kristofer Koons]

@Lorraine Martin Commercial loans won't really reduce liability unless it is a non-recourse loan. Commercial will allow you to close in an LLC. With a conventional loan you can close in your personal name and as long as your lender is okay then you can do a quitclaim deed and transfer to an llc. As far as reducing liability goes are you looking in the lines of financial liability or more along the lines of asset protection?