Guess I need to look into insurance as well as costs of creating a LLC?

(I'm still in the process of revamping the LLC page so there will be more info up soon as it is a work in progress).

Some will tell you build a LLC and invest there, but that's not how I'd suggest.  

Since I am very “wordy” I will do that in separate posts, this one being the first.Let me start off by saying that I cherry-picked the properties for my Stockton “Analyses” (read “opinion”) series, in order to make certain not-so subtle points about the Stockton market and the different types of properties you might find there.

I want to see how it is possible to hold this property in an LLC while still having conventional financing. 

In most cases, it does not, because the key benefit of the Solo 401k is the higher contribution limits such a plan provides - which you would not likely be taking advantage of.More likely, a self directed IRA LLC would be a better option for investing retirement savings into real estate.  

@Jeffery Waicak it looks like many missed that you mentioned it is your friend with the good credit, not a random agency pairing people.If you were to do something like this, I would recommend an LLC with a well thought out Operating Agreement.

I am in the process of forming an LLC to deploy enough capital to purchase several properties and am looking to learn more about this area as a potential candidate.

Hi everyone - I am considering forming an LLC as a holding company for several properties.

I really like The Real Estate Recipe: Make Millions by Buying Small Apartment Properties in Your Spare Time (Nuts & Bolts Series) by Brian K Friedman, and Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits by David Lindahl to name a few, but I have gone to Amazon and purchased a bunch of cheap kindle books that have a much more realistic view with out all the hype.