Commercial vs. Conventional financing

[Andrew Feil]

Hey BP,

I would like your opinion on my financing options on a 4 unit property that is fully rented. I was originally planning to buy with a conventional 30yr mortgage, but then found out that I cannot use this financing when buying through an LLC. I can only use Commercial financing which is 20 years, adjusting every 5 years. Interest rates on both types would be between 4.5 and 5% currently. However the interest rate on the commercial would change after the 5 year adjustment to whatever the current rate is then. Would you recommend putting it under my personal name and locking in the current rate with the 30 year fixed or stick with my LLC and go with the 20/5 Commercial financing?

Thanks for any feedback!