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Updated about 5 years ago,
Starting Off: Personal Ownership or LLC
I am preparing to buy my first property. I've noticed that a lot of people start their investing career with a conventional mortgage and personal ownership of the property. This appear to allow them to get portfolio loans in the future for an LLC owned property. Long term I want my properties in an LLC so that it is easier to manage long term.
So with my first property do I go the easy route and get a conventional mortgage in my own name. Or start with an LLC owned property with a portfolio or commercial loan?
Thanks for comments!