My initial plan was to continue borrowing in my personal name, but I’ve noticed that DSCR loans for LLC-owned properties often come with lower interest rates than those held personally.Based on conversations with multiple lenders, rates for LLC-owned DSCR loans are roughly 0.75% lower (at 55% LTV with points, about 5.95% vs. 6.75%).

Does anyone rent to personal care homes operators and how do you find them

What really matters is that your intention was investment, not personal use.

Another approach some take is exploring smaller, lower-cost properties nearby to live in, which keeps personal expenses down while letting the main property generate cash flow.

I bought my first rental in my personal name because I got a great rate from my credit union.

@Abby Howe At bare minimum these monies should be held in a separate account that is designated to "security deposits".

I had a 2 person LLC back in the day.We owned 4 properties together.The 4 properties appreciated signifantly.I did a refinance on 3 of the properties along with some of my own cash to buy him out.You should get a discount on your partner's share.

If banks were hesitant, did you personally guarantee the loan and then document a loan to your LLC with a promissory note?

It can just be held in a savings account, no special account needed, but I always keep mine in an account separate from anything else.

.: As the title says, I'm considering investing in the same debt fund using both personal funds and SDIRA funds.