It just seems odd, a single investment property (and not an apartment building) being placed into the name of a corporation. Even if it is owned in your own name, you still get depreciation write-offs and the property is much more easily managed. Using a corporation, there is paperwork, quarterly taxes to be filed, commercial insurance, minimum franchise taxes due - you're going to need an accountant to take care of it. Usually too, most RE investors use LLC's to hold title, they are more flexible, they are referred to as single purpose entities since the LLC's single purpose is to own and manage real estate.

Also, I always look at things from a fubar perspective. If the lender requires you give a PG, then you are pledging additional personal assets for a piece of real property that would otherwise be protected by the one-action foreclosure rule. Say the shiat hits the fan, the property is falling apart, renters are not paying and you are upside down on the property. In a non-judicial foreclosure, a lender can take the property back, but that is their only remedy - they cannot also pursue any deficiency or costs. Or they could pursue a judicial foreclosure, where they can obtain a judgment for foreclosure, plus costs and deficiencies (very unlikely, most lenders use non-judicial foreclosure). They can't choose both options, it's only one or the other and most likely they would take the property back and call it a day (non-judicial foreclosure).

But, if the lender has a PG in hand as part of the new corporation financing, and they foreclose on the corporation, even non-judicially - you have made a personal guarantee and they could sue you personally to collect on the PG. So even if the property is owned by the corp, you have exposed/tied yourself to that property, whereas if it was held in your name without any PG, the lenders only remedy would have been repossession of the property itself. They have a defense to that type of lawsuit, named a "Sham guaranty" defense...but why go there?

I work cases all the time for SBA lenders who pursue defaulted/foreclosed borrowers who offered PG's since their corps could not qualify for financing on their own.

Just some things to think about, a good CPA could pencil out some numbers to also help you.

Good luck with it