Financing using an LLC

[Zachary Corum]

I am actively looking in my market (North East Pennsylvania) for my first buy and hold property. To be prepared I formed an LLC to hold the property once I find it. I am primarily looking at duplex, triplex and quads. I would like to work with local lenders first to get a good rapport with them for future investments.

Question 1: What criteria are lenders looking for when I come to sit down with them to ask for financing?

Question 2: What documents, or information should I have prepared when I come to the lender?

Question 3: What are the differences in financing for an LLC as opposed to personal?

Thanks for all your help BP!