She sent me a letter from Commercial Property Advisors, Peter Harris, which stated she had approval for funds sufficient to cover the purchase price and below it listed a Wells Fargo business account showing funds in excess of the purchase price.

The owner has purchased a property like any other real estate transaction, and they own the physical property. 

I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?

I'm scared to purchase a second home but we have the funds to do so Do it!

Reliable property management is everything, especially as out-of-state investors.

For an auction.com purchase in Washington you have 2 options. 

Purchase price: $240,000 Cash invested: $60,000 purchased this distressed duplex using owner financing for $240K and a $60K hard money loan for renovations.

However, due to keep purchasing real estate, my DTI is high and close to 50%.

They will lend you their IRA money.My friends and family lend me 100% of the purchase price AND rehab money.

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.