Structuring my deals

[Brock Mogensen]

I have a quick question regarding what to put my loans under, my name or the LLC. I know there are many forums about this topic already and I have read many of them but I wanted some input on my specific situation.

I have a duplex under contract right now and I am debating whether I should put it under my name or the LLC. I am getting my loan through a mortgage broker and they do not do loans to LLC's so the only way I could do it would be to transfer it over after.

The only reason I started the LLC was to have a name to direct all of my marketing efforts towards and in order to do flips I found that I can get better rates by having an LLC from HML's. I am not to worried about the insurance coverage aspect at this point because I don't have much to my name right now (a car and some cash in the bank).

I'm thinking the best option for me is to put this first duplex under my name and do the flips under the LLC. Then once I start acquiring more buy and hold's deal with the dilemma of putting the loan under my LLC. Does this seem like the best method for my situation?

Thanks!!!