Mortages in LLC or Personally

[David G Vreeland]

Question I have is whether I am potentially handicapping myself in the long run by taking out conventional owner occupied mortgages on properties now. If I should be doing my mortgages through an LLC, which will have a higher upfront cost and higher interest rate in order to ensure my Debt to Income ratio stays good enough that I don't run into issues getting lending. Below is some additional information on my investment goals. I do not have a good understanding yet of how the rental income from your properties will play a part in your overall debt to income ratio, my concern is that since property is such a tax advantaged investment it might prevent me from getting mortgages after the first couple.

New Investor here, currently have one property that I took out a Conventional Owner Occupied Mortgage on and am looking to buy a second property soon.    My long term goal is eventually getting a portfolio of properties that will bring at least $50k in annual net profit, which should easily be done with 10 total properties.  I have no problem living in each of the properties I buy for a year until I move on to the next one if it saves me a significant amount over the long run.