Purchasing an LLC with great credit history to use for future funding applications?

[Belinda Lopez]

I recently saw an ad for a funding program whereby you buy established LLC with good credit histories and then are qualified for funding within a few months. This sounds like a great idea - anyone done this or have insight into just how well this works?

I am working with an owner of 8 rental homes who is selling off the portfolio and the LLC. Could I purchase this LLC myself and use it to apply for business funding in the future?