Christian Scalla It depends.

The interest rates are typically higher than you can get with traditional financing but the bigger problem will be finding a buyer.

Lastly, the property(s) will be delivered vacant in an entity and we are under 50% of the as-is value so we are well leveraged from a traditional standpoint.  

@David Moore, Account ClosedThe same thing happens with any residential appraisal for a traditional sale as well.

It was difficult to get traditional financing (I used a HomeStyle loan for this property) under the LLC. 

She is self employed hair stylist so it is hard for her to qualify fora traditional loan. 

I currently own another house that is vacant because I do not have the capital to fix...My question is; If I'm trying to qualify for a traditional mortgage for a 3rd house and also trying to fix my vacant house, should I go back to my private lender who would lend me an extra 20K and charge 4K to do this.  

The typical "save money build credit" is not so creative but more so traditional.

For certain properties that are under 100k I am wondering whether it is a viable option to use a small business loan which may offer better rates than hard money, and fewer fees and less restrictions than traditional mortgages.Finding a company that lends to LLCs is challenging enough, but then to be able to use that money to purchase and improve a property with the same loan funds has been even more difficult.

And while I plan to begin 'learning the ropes' of doing LO deals mainly by traditional means (to test the results) I also plan to utilize 'buyers agents,' REI receptive mortgage brokers, RE attorneys, title cos., etc. to do a 'nationwide' (or at least regional?)