@Katryna Wood Hi Katrina, I may be able to set this up for you.

If you’re locking it up at the lower end of that land value range, you might have a solid deal here.

They haven't fixed the house up to MLS list price level, so why would I pay that price?

Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

Example:  Lets say you can purchase a new home up to $500k at 100% financing using your bonus or secondary entitlement for a VA mortgage.

These can add up quickly, so it’s important to factor them into your numbers. 

I'm speaking with a lawyer about it tomorrow and will bring that up. 

A few influencing factors will sum up the drive of today's landscape:Inventory & Competition: Although inventory levels have risen some, competition on good deals still seems fierce.

I think the easiest way is just to set up an excel file for the property and put together a punch list, room by room. 

So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.