Thanks for your response.I would say my primary reasons for wanting to put the properties I plan to acquire in an LLC are:Personal Asset ProtectionEstablish/Build Business Credit

I have never bought or obtained financing for land and I have a couple of questions.

Not to mention the admin cost/burden of setting up/running the LLC(s).Unless you have high net worth or ton of assets what you're seeking can probably be solved with umbrella policy which would be a LOT LOT LOT easier.

@Paul DeSilva:@John Leavelle and @Anthony Gayden (above) are both correct.Unless you have more than 10 residential mortgages, or the properties are above the jumbo mortgage limits or you're trying to finance the the properties with the LLC intact, then they should qualify for conventional residential FNMA loans.For the LLC situation: my strategy is to close the loan under my personal name (no LLC), then after a few months of "seasoning" to establish on-time payment, notify the lender that I plan to drop the property into an LLC strictly for asset protection purposes.Many seasoned pros will tell you that you don't even have to notify the lender that you plan to do so, but will warn that doing so runs the ever-so-slight risk that they may actually call the entire loan due immediately.

@Kim Herrick Ask yourself if it's a good asset with good long term cash flow and returns.

The key is obtaining listings. 

Hello All,I'm interested in creating an LLC to begin purchasing property under this umbrella but my understanding is it may be difficult to obtain financing under the LLC entity because of the lack of credit history. 

You will place the property in service, once it is ready to be rented. ( rehabbed and advertised) 2) About which year to capitalize, you capitalize whatever you have spent in 2017, and it flows through your balance sheet as an Asset.

(I flip around 25-30 SFH a year) I’ve been making these ppl crazy, steady returns (~30% annual) which I think has actually spoiled them so I would need to probably go after the paper asset/Wall St investors for a syndication anyway..... 

If a borrower is in bankruptcy, the foreclosure sale isn't going to happen until/unless the trustee approves the sale of the home or abandons the home as an asset of the bankruptcy court.