You can't get a conforming mortgage (Fannie/Freddie) in an LLC, they are only for individuals, which is why the banks are turning you away.If you are a very high net worth individuals and don't do anything but invest (dont' manage the property, the rehab, repairs etc) an LLC might do you some good, if you are personally involved in any of the above, or even guarantee the loan, the LLC will give you little protection.As stated above, your management and insurance are your two front lines of asset protection.You can have a dozen series LLC's and if you do something wrong in the management of the property, you could still be held liable.

The real problem is there are alot of good deals out there and not alot of places to get money to buy them from.I can tell you from my limited experience realtors have tons of people wanting to see forclosures, who are not cash or pre-approved buyers. 99% of the time it is just a waste of their time and gas, no offense intended.Can you scrounge up cash by selling something or from savings etc, or have money available through family or friends?

No investors shouldn't just be a transaction or a number but have to be quantified for the time and return invested.My clients do not take offense to the analysis and respect the fact that I value my time as a broker and investor myself for the return I am seeking.

Naveen, no offense, but you sound very new at this.

Don't take offense by manufacturing some dishonest undertone.

No offense intended towards the agent, but he only knows what he knows and has only has his experience to rely on.

.: @Anthony Bell - My apologies to you Anthony.No offense taken Bryan, I just was looking for answers to the dilemma I am having.

No offense, but just jumping in, as is often recommended, is as dumb as doing surgery on yourself because you read a medical book.

As a twenty-something myself, its relatively offensive that your main concern would be that they are inconsiderate party animals ... unless they specifically gave off that vibe after meeting them.

Kyle,This is no offense to most real estate agents (especially those not on this site) but they have no clue about RE investing for about 99% of the RE agent population.