I payed 0% down on the house using the VA so I'm not sure what all the would in-tale.

He relates that story as a cautionary tale: how to spend two years of your life working really hard, achieve your goal of having a fabulous family home for sale - and lose $10k!

Hello beautiful people of BP,This is a somewhat cautionary tale.

Vegas is the great cautionary tale...ONCE, in the history of the city, prices have dropped more than 5%.

I'll second what Richard says that you're going to need to do a lot of reading and learning.He's too modest to say it, but Richard's book "A Rehabbers Tale" is a good intro to rehabbing."

I want to tell you a cautionary tale.

This is often fairy-tale land figures.

I've heard tales of people doing 5% but have yet to reach that.And always, if something pops up, it NEVER hurts to ask about owner financing.

Usually the tale is the schools zoning. 

As mentioned, it is possible to transfer the title at a later date from your personal name to your LLC, but you do run the chance of the bank calling the loan (or sending you a nasty-gram to change it back).