Working on the BRRRR method

[Isiah Ferguson]

I'm looking to work the BRRRR method up to 10 loans, which is the maximum I'm allow to get from traditional banks correct ? I currectly have a duplex in a LLC. But as far as I was told, too Refinance the property it has to be in my personal name or banks will not Refinance through an entity, correct ? If so, I'm looking to refinance and once I accumulate all 10 properties under loans at this point they will be in my personal name. Can i put the properties back into seperate LLC's ? How do i protect myself from advoiding the " due on clause " from banks ? & How do i protect myself from being sued worst case ?

[Nick C.]

Find a local bank who writes and services their own loans. They may even be commercial loans, but there's no reason to not put them in an LLC.

The best way to protect yourself from lawsuits is to have a liability policy and hope the lawsuit doesn't exceed whatever amount you go for.