Getting Serious

[Ryan R.]

A partner and I have formed an LLC.

We are primarily interested in purchasing single family homes and holding them for long term appreciation and cash-flow.

We have a large sum of cash reserves. Our credit scores are above 750. We both have stable work history.

I'm meeting with a local commercial lender this Friday to discuss what they have to offer.

My question is, based on current lending practices, what would most likely be our best option for property acquisition?

Finance through LLC? Personal guarantee?

Finance personal and deed to LLC?

Purchase cash and then take a loan out for up to 75% LTV?

How have you done it? Any specific questions I should ask the lender on Friday?