If you want purely the lowest rate you can shop around w/ Quicken or the big banks.

These are purely my opinions and hopefully others can build upon this.

I was not aware an llc offered tax benefits, thought it was purely for protection. 

So from a pure investment standpoint, it might have been a better option.On the upside, I hit some great timing on the following items:1)  Reduction of local taxes in San Jose to build the ADU. 

Any numbers provided would be purely anecdotal.

All the legal “theories” about why it was “illegal” and voided any enforcement of the note was just pure garbage......promoted by foreclosure defense attorneys, along with all kinds of other bogus “defenses” so they could collect large fees from homeowners fighting foreclosure.....all the while the attorneys knowing these defenses were bogus, knowing they would never win, but it gave them a way to sell their services to desperate homeowners.Here in FL it was an ever changing shift in new “marketing theories”........”show me the note” “invalid assignments”, “FL 5 year Statute of Limitations”, etc.Yes, there was a lot of sloppy work by banks and their foreclosure attorneys, and some improper short cuts....robot signing, etc.  

@Ryan Tremblay, for 4-plexes, Owner-Occupier-Buyers are likely to have one big advantage over pure Investors:- they can borrow at around HALF of your assumed 6.5% Interest Rate (as well as not requiring as much deposit)!

When we know the investor who is using the funds are purely for rental purposes; these options are available. 

Conventional loans need 20-30% down, and then would allow a property to be pure rental with no owner occupied requirement, and less restrictions for the property.

And to provide some context, no, this is not how I evaluate deals, this question is purely for discovery what others in the Chicago market are seeing.