If they are professional, they can explain this quickly and easily.

A refinance into an LLC avoids this risk but typically requires a commercial loan with higher rates and stricter terms.If asset protection is the main goal, umbrella insurance may suffice without disrupting financing.

For context, this would be for a property I already own.I understand this may be a bit unconventional and people will likely recommend I get a proper quote and have the contractor do a full walkthrough.

They all say they will be on the lookout for me, and they are experienced realtors.I did however get one from here, bigger pockets, and this realtor hasn't worked with investors before, butis asking me to sign a contract so I am working with them exclusively.The reason I am asking what to do, is because this realtor with the contract is very new, but I heard that most realtors will ask you to sign one if theyre serious.

This model can work but I will not be working with this company again, that's for sure.

using this form of financing is a great way to acquire/fix a property but if you are looking to hold long term you would want to find long term financing. 

Hi This post is old but if any one of you can share if you got lenders that can finance less than 100K?

Or what programs can anyone suggest that would be best for this scenario.

I don't think I will be able to make this one but will definitely attend the one in March.

This is dangerous territory because you are talking about your family.