Frustrated newbie in Rochester NY

[Cheri K Stephens]

I have found a great investment. I have great credit. I cannot figure out how to get the property. Do I need to get an LLC? I don't have cash but I have A LOT of available credit- but if I take cash from credit to put down on property my credit score goes down...Someone told me I have to show money available- example: my ex husband owes me 13k within next 6 months- he's refinancing the house to get me off it but that's not for 6 months- I do not expect him to do it any earlier than he has to. I'm looking for a loan around 55k and that will include the rehab budget-the income on the property will increase 135% after rehab....like I said-it's a great investment and I want it....I need help getting it...any and all advice, links to options or contact info would be greatly appreciated!!