Using LLC Accounts to Pay Expenses for Properties in my name

[Chris Lucas]

Hi, everyone!

I just got my LLC set up and would like to start using a bank account / credit card owned by the LLC to pay for the expenses (mortgage, repairs, etc.) on properties currently in my name. My thought is to build some credit within the LLC so financing through the LLC may be easier with the next purchase.

My eventual goal is to get every rental property into the LLC (when I have the capital to pay out any "due on sale" I may run into), but, until then, building credit where and when I can seems to be a good approach.

Anything I need to do procedurally to do this legally? Any experience with this approach out there? Any downfalls, things to watch out for, etc.?

Thanks!

Chris Lucas