I own property in that general vacinity, namely Reading, Pa.

But the building and loan were both under my name.

Can't name how many previous podcasts come off like: look at me, how cool I am, I've been in the business 4 years and have done a gazillion deals with no money down ...

Loan is NOT in our name but in the name of the original borrowers.

And it doesn't matter if it is owned in your personal name or LLC.You may find some benefits to having a real estate license when buying/selling, but you'll also introduce some new problems.

I did a private lending , borrower bought house under the name of LLC, first lien recorded. value of house is at least to cover the loan(as of now).

If you only have $25k to your name, and you have investors that understand the impact potentially losing that $25k would mean to you, they very well could say $25k is enough.As for encumbering a property you are syndicating with a second mortgage for your capital, no.

Quote from @Michelle Macias: Hello, My name is Michelle Macias. 

@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.

@Erin W.What was the name of the other property management company with the lower rental estimate?