I am not an attorney, so don't take this as legal advice, but I had a lender tell me that financing with a DSCR compliments holding a STR in an LLC for liability purposes.Financing an STR held in an LLC with a 2nd home mortgage that reports to your personal credit creates a hole in the corporate veil per se.On the other hand, financing an STR held in an LLC with a DSCR loan that is qualified only by the asset's income offers much more separation of personal and business liability.

Something that will help shed some light on this is reading Garrett Sutton's book "Start Your Own Corporation" as well as Robert Kiyosaki's "Rich Dad's Guide to Investing".  

Having been a corporate fraud investigator for many years, I say from considerable experience that your chance of getting much, if any, money back is almost nonexistent. 

If you want legal help that isn't a rip off and would offer a registered agent and mail services, check into Anderson Business Advisors or Prime Corporate Services.

My daughter and son-in-law opened their own business 3 years ago and so far have done well, but he built a good reputation in his field before starting their own, she kept her good corporate job for benefits, and they are now looking to invest in property with the profits, hoping for more passive income in the future as they’ve realized how much extra work a small business is with compliance, licenses, workers comp, etc.

Institutional Hard Money lenders have a lot more credit exposure, since there are banks, hedge funds, and corporations backing the funding.

The money moves to the largest corporations and banks tighten lending which brings home prices down OR2.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

How hard do you think it will be to pierce the corporate veil when the property is owned by the LLC, but the mortgage is in your own name?

Hello, i am new to real estate investing but I already have an s corporation for another business.