You would want to look for an owner that has a loan through a bank or credit union or one that has no mortgage. 

So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year  so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000. 

Quote from @Stacy Banks: Hello I wanted to know what does it cost to do foundation & framing for a 1,500sq ft house being built in Lehigh Acres Florida.  

Give me a shout if you have questions, but here's the short of it.Best financing is going to be from a bank or a conventional construction loan.

I’ve been coaching new investors for a while, and I always enjoy hearing about what brings people to real estate.

Instead of their cash sitting in a savings account, they decided it would be a better investment to earn 3% on their money instead of .03% in the bank.

Banks like proof the funds were in a bank well before closing. 

Should I talk to an appraiser before the bank gets an appraisal?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

The work around was a Mexican bank was the owner and lease it to the foreigner.