These people are lending you money.

Don't take everything personal. 

If you wait two years and have only used it for limited personal use then the IRS guarantees your investment intent under Rev Proc 2008-16. 

LLC is just for protection.Using a personal name and it works.

The Money - raises the capitalAll four skill sets are required.

I do have some money in savings that I could use for a down payment, however if I use only that money, I will be quite limited in how much I can spend. 

What I've been told is that it's unlikely assuming the owner of the LLC is the same name as the person on the original title etc...I'm not an expert here, but this has been my experience with the first few properties I've purchased. 

Absolutely repair your personal credit first.

Conventional loan at 5% down since it was a primary residence, but being the agent, after getting paid commission and seller concessions, I only had to come with about $10,000 of my own money on a $485k property.

Swinging for the fences every time is a recipe for losing money.