Lenders and LLC's - Oil and water?

[Michael Perry]

I've been reading through several forum threads and a common thing that I've been seeing seems to be that lenders won't lend to LLC's for SFR or MFR (Duplex or Triplex) but only for commercial. Is this correct? If that's not right then what nuance am I missing? If this is correct then I have a couple questions:

1.) How do people deal with having multiple mortgages without hurting your personal credit or laudability?

2.) What would be the typical workflow to get the property in your LLC? Is it to personally purchase a property, then let it 'season' for 6 months and THEN purchase the property from yourself through your LLC?

I'm trying to build my starting strategy and trying to figure buying the property in my name or through an LLC into my acquisition plan. Thanks for any input you can give :)