Anyone could figure it out.The rental is in my name only and always has been.

Personal Name for PurchaseLLC Loans: Loans for LLCs usually come with higher interest rates and stricter terms because they’re considered commercial.Personal Loans: If it’s your first property, buying under your personal name might be easier and get you better terms.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

If you plan to actively invest in 2025, see if you can name ONE city/metro region that made the NAR's 2025 TOP PERFORMERS LIST!

They're currently renting in Denver under only the guy's name but since the girlfriend is pregnant, they need to move to a bigger place.

Quote from @Maurice Nkonsissie: HelloMy name is Maurice, I live in the greater DMV area.

I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

The Registered Agent will record the documents on your behalf so only their name and information appear on the documents.

👋My name is Anthony, and I’m an investor based in East Hartford, Connecticut.

Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey.