Loan under LLC vs. Personal Name to begin

[Nathaniel K.]

Hi everyone, 

My post for today is in regards to if it is better to get a loan with an LLC or personal name when purchasing my first investment property. I ask this question because ideally I would like to create an LLC and put all my investment properties (rentals) under that LLC, but I know that getting a loan under an LLC can be difficult among other factors like higher interest rates, especially like an individual in my case who is new to the game. In your experience should I forgo opening an LLC for the first few properties to save the hassle of obtaining a loan? or should I open an LLC from the get go? I look forward to hearing from you all.

[Steve Vaughan]

I never regretted buying all my small residential rentals in my personal name.  Landlord insurance policies offer   $300k or $500k liability protection cheap.   I was also grateful for the awesome financing options.

I held my commercial assets inside LLCs.   It was expected and I needed commercial financing and all their more difficult terms anyway.  @Nathaniel K.