We worked this out with our CPA and this was his recommendation so i recommend starting with 1 account and as you grow and scale talk to your CPA and banker to see what they are seeing other investors do and what they recommend for your situation

It super easy you sign up to have a quick call and do a quick tutorial with a Rep and you receive a certificate that you give to the Banker/Loan officer.

You might want to talk to a banker and real estate agent before deciding.

To me personally as well I found it was more important for what I do to cultivate commerical bankers and those relationships so I could get access to bank rate capital and lots of it !!

If you’re unsure about which specific account to choose, ask a local CPA or banker, since every situation can vary.

Have your broker or banker pull and send you rent comps / market concessions / etc. from like kind / vintage / size properties in the immediate neighborhood surrounding your asset in Baton Rouge, and then make a value judgement on whether you have room to push.

Now, as a mortgage banker, I’m passionate about helping others navigate the world of real estate finance and make their investment dreams a reality.

As well as studied some of the great bankers like the medici, Jakob fugger, august Belmont, moses taylor, the warburgs, Hjamler Schacht, Montague norman, so on and so forth.......

I own a mortgage company now that does both residential and commercial finance, but I spent years as a commercial banker with both big banks (First Union/Wachovia) and 2 community banks.

Talk to your banker about your plan.