Refinance Part of BRRRR into personal name or LCC?

[Michael Doherty]

Hi all,

I am currently under contract on a house that will be my first BRRRR. I am currently shopping around for the Refi part of the process. I am trying to decide whether or not to refi into a conventional loan or commercial.

Background story: Currently own 1 duplex in my personal name (FHA loan @3.65% 30 year fixed). I also own another duplex- Commercial loan in the name of my LLC- 20 year amortization, 5/5 arm @5.75%.

I am under contract to purchase the property in my LLC with hard money lender. After shopping around a bit I could refi into a commercial loan with the LLC at 20 year amortization, 5/5 arm @5.75% 1 POINT, NO SEASONING.

Or I could refi into personal name for a 10/10ARM @3.875% NO POINTS, 6 Month seasoning. 

Question: Would you take the lower cost route save about 1%, have higher cash flow but it be on your credit ect. I have heard you can get up to 6-8 loans in your personal name.... not sure if it is advantageous or not to do that. Or would you just keep purchasing in the name of the LLC for liability reasons ect. Thanks for all the input.