Bank / lender recommendations for rental property purchase? Tried sofi but got 4% yikes

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Any good material on setting a LLC in the best way if it’s only for rental purchase?

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Is it going to be held in an LLC?

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Better to have the property under the LLC. Check with local community bank. They will do commercial loan for rental properties. Rates are pretty good.

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Agreed. I have all my properties under a LLC. Rate is about 4%. Property still cashflows great.

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I have it in my name as none gave me newly formed LLC any loan.
Refinancing with CapCenter right now at 2.875%

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Very helpful!

How much $$? SFR?

SfR around 150k. Wanted to try for a loan and leave money in stocks. Got an LLC but have no idea what to do with it!! Haha

Not sure if LLc is right path yet 🤔

Again, because I have no idea what I'm doing.

AmeriSave

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