Land Trusts, LLCs, and Umbrella LLC - Married

[Michael Rone]

Hello BP Community!

My wife and I are getting started and already have some deals in play. Question now is, what is the best route to take as far as asset protection, while also maximizing the amount of loans we can get.

My understanding is that we can each take on 10 conventional loans (so 20 in total). Issue now is we plan to have these properties in a Land Trust, which is then put into an LLC, that will be under an Umbrella LLC.

Are there issues with this structure if we are getting these loans separately or would we need to get them jointly as we own the Umbrella LLC together?