I'm truly blessed and hope to pay it forward in the same vein as these two share their time and expertise.And another confidential shout out . .

LLC gives you liability protection but taxes are still transferred on to you on your personal returns.

They only type of loan you can get on a LLC is a commercial/business loan and most likely with this price point you will be dealing with a residential loan (you can always transfer to the LLC later)As Bill stated, you should be setting up the loan now even though you are paying cash.

So, what coverage you carry should be held confidentially, telling the world what your coverage is is like holding up a sign saying sue me, "I'm good for it".Your coverage is to the types of exposure you have, the chances of loss and size of losses for different events can be very different from one area to another.

Would the typical exit strategy for a subject to be a flip or if you had a long term rental could you refi at a certain point to transfer the loan to your name?

I was first transferred here in the mid 90's From Southern Minnesota ( a bit warmer here, LOL ) .

As soon as the home is transferred my sign goes in the front yard.

One simple example is that these cards, when handled properly, can provide checkbook balance transfer checks, with often 0% interest for 18 months that you can use the same as cash.

You would only be required to pay any county recording fees and government transfer fees if they apply.

As a newbie, you are most likely to have strike three and you're out of there.There are good reasons why those new in RE should not be dealing with a listing agent, you may well open your mouth and insert your foot, probably likely if you talk about pricing or any confidential information about you or your business.Now, back up.