Once repaired it would bring around $900 per house each month.

We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!

Feel free to connect, we can chat further!

I did my closing just 45 days ago and also paid additional to bring the interest down, doing another loan means closing costs again.

Feel free to hit me up, I'm no pro but I've been using it for about 5 years.

Would you recommend bringing in a partner to help with capital and construction costs in exchange for equity in the property?

I feel like I have so many bank accounts to keep track of already, I thought maybe another might be overkill.

If you have any lending related questions, always feel free to reach out to me as resource here in Florida :) 

Its always good to bring as many leads into the funnel as possible, and then just maintain your usual criteria when screening.

It's going to feel like you're going nowhere for the first year or two or three...slow and steady still wins the race.