Formulating a finance plan

[Matt Dickson]

Hello all! First post for me. I'm still educating myself about real estate investing, but right now I'm interested in acquiring turnkey SFR properties to hold long term. For numerous reasons I'm looking out of state as I'm in an expensive area in NY.

My concern is that I've got significant personal assets I want to protect. Naturally I'm considering forming an LLC. I'm learning about some of the complexities of having an LLC and obtaining funding. So I have a few questions.

Whats a good financing plan for buying my first property? I have really great credit (840) and have high w2 income. So I think in some ways I'm a lenders dream. Can I get a loan through a brand new LLC? Am I better off getting the property in my name and transferring it to an LLC? Am I better off going to a national bank, a bank local to me, or an out of state bank local to a property of interest? Or lastly, should I pay cash for a property via the LLC and let it sit awhile to show income for the llc? I'd rather not do that.