Personal or Business Loans for Newbie?

[Jordan Kalk]

I am currently in the process of starting my real estate journey, in efforts to become financially free. I am starting out by obtaining a base knowledge in real estate (books, webinars, podcasts), getting a feel for the market (Dayton, Ohio), and creating an execution plan. One of my questions for starting out would be: Is it better/easier to start out by purchasing the first few properties on a personal loan, or to start a business entity like an LLC and get loans that way? At the moment, I barely have enough cash for a downpayment on a first unit.

Any advice is much appreciated!

[Heath Ryans]

@Jordan Kalk short answer,

first couple properties in your personal name will be easier and cheaper to finance.

LLC's cost money to create, money to maintain, and commercial financing for smaller properties sucks.