Follow the money.

If you insist on an LLC, to complicate your life and waste time and money, why not wait until after the 1031 exchange is complete?

Only loan that would cover your rehab is an FHA 203K (primary residence loan) OR hard money fix and flip loan and you would have to refinance later.

Would you lose a large chunk of money?

Come talk about your worries and success stories about private money lending, as well as to share your experiences and ask questions!

First wholesale deal question.I've got a property under contract with a $100 earnest money deposit.  

I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.

Know of an efficient way to identify hard money lenders that will solely focus on an 80K loan against a property purchased at $256K with me bringing the rest of money to the closing table?

How would you structure a deal so that the private money could cover the down payment and fund the rehab in order to minimize money out of your pocket and being able to pay the private lender off when you refinance? 

What is the advantage of using private money or hard money?