Asset protection is a hotly debated topic, and attorneys have zero consensus.Series LLC only makes sense when you have multiple properties or multiple businesses.

I used Amplify Credit Union to obtain my HELOC and it was a quick and easy process...about 2-3 weeks total.

As I understand your objectives, you want a commercial real estate asset that will produce income for you.

I would feel better if all of my assets were under one umbrella. 

If the 2nd feels the seller has enough assets, then they either want a personal note signed or a pay down prior to closing so on the HUD they only net the $5000.  

Know exactly what an asset can/should be.       

@Paras Gupta if you can't use the equity in one of your rentals to finance the new acquisition, or find a partner, another option is an asset based lender like Lending One, Lima One or several others.

Hello Sara,My best advice - do not over leverage the asset - meaning only take a loan up to 50 - 60% of current market value, therefore if the market does tank and your loan comes due, your not stuck with an asset that has very little equity and unable to refinance.

If this is going to be your primary residence, then forget all of the fancy LLCs, Self Directed accounts, etc.First - you cannot personally use an asset owned by your self directed IRA. 

If you are talking about a primary residence, there are some options that will lend based on how much you have in assets.