Need a good advice regarding financing and LLC.

[Alberto Barberan]

Hi everyone, I'm a beginner investor in real estate I do own 3 properties my primary home and 2 rentals. All 3 have conventional 30 years loan all rentals has positive cash flow, I owe $45,000 on my primary home loan today value around $410,000.

My plan is to take a HELOC to buy another property duplex preferably in another state for cash instead of a conventional 30 years loan and refinancing with a commercial loan.

Now if I buy a property for cash and I open a bank account with an LLC. and ask for a commercial loan so I can pay back my heloc is this legally ok?

Thank you