Buy Personal vs. Under LLC.

[Bradley Sindt]

Need some advice here. Just started my own real estate investment company and I'm going to see a property tomorrow that the seller is selling 'as-is' due to a death in the family and the inheritance are looking to sell the property quickly. My family personally knows the previous owner. I'm looking for advise if I should purchase the home under my personal name or under the limited liability company. I'm the sole proprietor owner. I'm planning on living in the property and updating it as well as adding sweat equity to bring it up to standards for renters or potential buyers. I'm getting my real estate license and I may want to rent it out or sell in the future. I know there's advantages and disadvantages for doing this either way. Looking for advise on ways to finance this due to the situation as well as what would make the most sense for purchase under personal or business. This will be my first home purchase and I'm pre-approved from two separate lenders. Comments are appreciated.