LLC or Individual Proprietorship

[Chris Cosmas]

What is the best way to take title for a new Triplex in Phila, Pa.  I was approved as an individual and received a favorable rate , 4.85 on

a 30% down payment and  30 year term.   Insurance agent, said I can carry more than enough liability coverage to cover contingent liabilities.

In addition, my bank does not do commercial loans for real estate.

In regards to the LLC , I can secure a loan, but will be paying a higher rate and have a 25 year term. And have the protection of

limited liability.

Be interested in hearing comments.