NA Cummins Also consider an LLC with an S-corp tax election (or simply an S-corp) as a potential tax savings strategy.

Is the section 8 program in high demand virtually everywhere in the country, or is it something I need to dig into before I consider an area?

There will be $100 firm, which I consider an education fee if the property is trash.

@Henrietta Mateaki Wholesaling is what you might consider an apex skill in Real Estate.  

One of my conclusions after reading the book was that I would only consider an out of state LLC to obtain a series LLC if it was not available in my state, but not to gain additional asset protection by incorporating in a specific state.As others have said, the author mentions the choice between an LLC or S corp can depend on your activities (buy and hold vs flipping).I found this book at my library.

With that LTV and if you have great credit and some reserves this could be doable yet with the right bank.Other wise you may consider an equity partner or finance partner.. private loans are going to take you far beyond what your paying now in the way of points and interest.

This makes their offers more attractive, and increases their ability to lock up a deal.Personally, I don't consider an offer a cash offer if it's from a wholesaler who doesn't have the means to close the deal himself (if he can't find a buyer).  

@Curt Davis , JJ Pawlowski What would you consider an acceptable offer price to the seller and acceptable profit margin?  

If you are dead set on paying the college tuition of the children of your accountant and your attorney you should consider an S-Corp which will give you a more favorable income tax consideration (as opposed to an LLC and only for flip/rehabs not buy/holds).

If that works out on a few deals, then *MAYBE* consider an equity partnership.