Personal Risk When Taking a Personal Loan

[Tony Guard]

I'm buying 2 duplexes and I'm looking at both personal and commercial loans as options. I have done several commercial and residential investments prior and have always done them through my corporate structure. I realize taking a personal loan out provides a lot of financial benefits (longer loan terms, lower interest rate, etc) however, my concern revolves around the personal risk of liability. I have a current personal umbrella policy which will definitely help... If you have researched this area or have knowledge, I would love to get your experience and position on the subject. It seems one has a better financial option while the other reduces liability exposure. I understand all of the details and limitations on personal loans (as in you can only loan from single family to a quadplex through a personal note... larger is always commercial) as well as commercial. It's the personal liability that makes me nervous.