Yes you definitely have many options for purchase with LLC using no income and no doc .

Better yet, have an attorney draw it up since he will know what questions to ask you two. commissions are earned and should never be put back into the project your partner will owe personal income tax on it.. if you want to get a credit for it.. you have the seller lower the price by the commission that is how you handle that.. if its to late then its his money and he should pay tax on it and keep the rest.

I'm wondering: can renovations actually help reduce insurance costs?

Strong median income growth.

Hello everyone, I’m an out of state investor to Kansas City Missouri.I am based in North Hollywood California and I acquired 4 doors in the past year in KC MO .I’ve been buying Turn Key properties from my investor friend in KC MO.After getting my apatite bigger I’m looking to buy by myself in order to be able to create a bigger equity by doing the deal from scratch.I have a strong income and about $200K ready to invest.I’m currently looking on SFR and small MF (price range 80K-250K) that will cash flow and will generate long term wealthI’d love to connect with experience Real Estate Agents, Property Manager and Contractors.Thank you for reading my post and looking forward to connect and share more about my RE Journey!

Elaborating further, as input: - percent vacancy- percent CapEx- maintenance and repairs- utilities- property managementAnd output the following:- cash flow- cash-on-cash return- and would be nice to have Net Operating Income and Cap RateIs there anything like that or is it better to build myself one?

No income No doc.They will release the funds in draws as you complete the project Phases. 

That's $20,293 per year in "income" I will have to declare. - Depending on appreciation, I will be underwater for at least a decade in this "deal".

Since we would be using the money in the same manner could we use a 1031 exchange to defer the gain income tax ?

Easy to understand and apply and helps reduce your TBs cost to close.