First Investment Property - Commercial vs Conventional Mortgage

[Presley Balestreri]

First Investment Property - Commercial vs Conventional Mortgage

I have been researching and trying to decide on a lender/Type of mortgage for my first property. I would like to get pre-approved so I can be ready to purchase when the time is right.

My Property goals are to start and scale up to multiple investment properties over time. I am unsure if I should just start with a commercial loan under an LLC as to not affect my personal DTI. This may be overkill to start with, which is why I am debating for my first property to keep it simple and get a Conventional personal loan. My main concern being, that it would affect my ability to purchase other properties in near future. I am looking in the Memphis/Cleveland markets, Any and all feedback or Lender recommendations are appreciated