If you use FHA 203(k) loans, you can finance the purchase and rehab.  

I offered them one of my properties at 15 k under any comparable and one offered half that amount.

Hi @Andy K. 

Meg K.  

K, Thanks for the recommendation.  

Originally posted by @Chris K.

No matter how you structure the LLC, you'll probably run into the problem where an investor may be awarded tax breaks on a K-1 (passive losses, usually due to depreciation), but can not use them with his Adjusted Gross Income because it comes from a passive activity which he is not actively managing.

Originally posted by @Larry K.

@Mike K KazinskiWelcome to BiggerPockets best real estate investing site on the web People are friendly and willing to share information  check out the learn section above Listen to the podcast Make it happen Steve

Originally posted by @Larry K.