How to go about getting a conventional loan for OOS investment

[Joe Vastola]

I am in the process of getting an LLC to purchase my first investment property. I plan on buying a SFH out of state and plan on financing it through a conventional loan. First, should I get the loan through a bank or lender in the state that I am investing or does it not make a difference if i get the loan from a bank in my home state? Second, I have read that because of the LLC I might have to use a commercial lender with higher interest rates. Is this true? Thanks BP!