Purchase a rental using an LLC

[Justin Bell]

Hello,

I've found a good deal on a potential rental property but wish to purchase it using my LLC. This feels like a basic question, but how do I obtain a loan using only my LLC and keep my personal assets separate in the process?

I have seen discussions around commercial lending but since I am just starting out, have no credit history, and this is a single family home,  it doesn't sound like that is a viable route.

Any thoughts would be appreciated! 

[Steve Vaughan]

@Justin Bell Lenders will require you to sign personally anyway until your entity is massive with assets and credit history. I still have to sign personally for assets titled in my LLC. Single-family homes in general aren't worth messing with the hassles of borrowing and insuring thru an LLC. I have my single-families in my own name. Multi's over 5 units I put in my LLC (s). Once you reach the commercial space, commercial lenders and insurers are more comfortable with LLCs. Hope that helps!