What type of loan is this?

Doing so will seperate your investments from your personal assets and protect you from liability. also, one thing you may not know is that you cannot get a conventional loan with an LLC.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

Are you familiar with Creative Financing such as Subject To (SubTo), SubTail, WRAPS, Short Term Lending, and Bridge loans? 

@Summer Shelton yes, FHA loans do allow this but make sure you speak with your lender about some of the trip ups from these loans.  

Love to keep relator out of it, but may need realtor to find a next deal for me as a duplex up to 4 plex on VA loan/owner occupy.

.🤝 A Place for BothHere's the thing - it's not really an either/or situation.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

Quote from @Chris Seveney: Over the past quarter, I have seen around $1B in defaulted fix and flip loans - many of these from new lenders since 2020 and more of a "tech platform".As we all know, the intersection of tech and real estate investing has brought incredible innovation, especially in hard money lending.

In this type of situation, they want low interest rate with low down payment also.