At closing, the title company files a lien on the property for the LLC which is based on the deed filed at the county courthouse6) pay the contractor $15k in cash to rehab the property 7) get a tenant placed after rehab is completed8) go to a bank to do a "rate and term refinance", which can be done at 85% of the ARV because it is considered a refinance. 8) the individual refinances out of the $65k loan with the LLC into a mortgage with the bank for $76,500 (85% of the $90k ARV) 9) you now have a rental property with a tenant paying your monthly mortgage and you make $11,500 on the deal ($76,500 mortgage less the $65k LLC loan)The LLC method seems more complicated because you have to create the LLC and file the deed, but it seems less risky because you are not subject to the lesser of a) 75% of the ARV or b) the "gross amount due from buyer". 

I'm looking to make better connections and explore some opportunities.

So we bought a fixer, improved it, moved and instead of selling, we rented the last one out, and by this slower method we collected rental doors.  

My strategy  will focus on Buy and Holds in C to B neighborhoods using the BRRRR method. 

A few examples that you can explore directly....1) Is there biological resource value i.e. wetlands or other 'special' habitat?

I purchased for $255,000 and the home was just appraised at approximately $505,000 - $525,000.My wife and I are currently exploring the option of selling and taking the profits to purchase two homes, one to rent out and the other to live in.

On longer term holds you could use the same capital and then refinance with bank debt once you've created enough value to payoff the higher cost debt.I used this method to BRRR (and some flips) my first several smaller mfam deals.All the best! 

@Andrew Pfleger perhaps explore a combination of seller-financing as equity, then bank debt the rest?

. :( However, I'm willing to expand into other states in order to start doing this method. 

Second, it seems from your question that you want to explore alternatives available to you.