Purchasing first investment property under my LLC

[Matthew Raby]

I am looking at purchasing my first investment property (Duplex) under the name of my LLC. The LLC has been established since 2008. I have business credit cards and a long time account that reports my good business standing. I personally have 1 rental property under my personal name but I am wanting to make a switch to having everything ran under my LLC including this property I am wanting to purchase.

I am looking for suggestions on how I could possibly purchase this investment property without having to personally guarantee the loan as the rent will be more than enough to cover the mortgage payments. Will I need to put 20% down? Should I first deposit the down payment money into my business bank account before applying to show available funds for the down payment?

I just would like a little guidance with this.

Thanks in Advance. - Matt