Why are you getting a commercial loan - Do you mean portfolio because your closing in an LLC? 

My CPA is also having us set up an s-Corp for additional write offs such as paying our kids to help with things in the RE and consulting business, putting our vehicles in the Corp name, etc. we’re putting our multi families in an LLC which will be managed by the s Corp and our primary in a trust.

As I scale up I am trying to decide on if I should make my next purchase in an LLC or as I have done before.

Looking for recommendations for an attorney in Maryland to assist with formation of LLC and assist with offer negotiations, tenant disputes , title transfers, etc.  

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For those of you that have been able to obtain a loan for your LLC, have you found that banks are looking more for cashflow or AUM?

You should consult with your CPA - when you do, consider the following topics - SE income vs. a salaryQualified Business Income Deductiontypes of retirement plans and various limitations (SEP IRA, 401(k), Roth IRA, etc)how the property management company will be treated for tax purposes (partnership, S corporation, single-member LLC, etc)passive vs non-passive income/losses (are there passive losses which could be limited by converting some of the passive income to active?)

Second opinion makes it easier to sell individual units later.There is a third option but that usually reserved for much larger portfolios where you buy the llc including any existing mortgages.

I'm afraid since my LLC was just created in May of this year its going to be impossible to get a commercial loan.

Hi members after doing refi in a BRRRR can we transfer ownership from self to an llc for asset protection or does that require another refi?