Without solid knowledge on this subject, you can easily end up in hot water. 

I'm about 2 years into this "helper role" or "apprentice" role if you will and I'm starting to take on larger and larger roles and run my own deals.  

The best option is securing financing that allows the LLC to buy the new property, as commercial or portfolio lenders may accommodate this.

_______________________________________________________________________________Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

now, if you've boosted the ARV of the house via the rehab to 200K, you can do a cash out refinance, and put a long term mortgage on the property that is paid monthly.you will get "cash out" (minus closing costs) at closing. 

This is a great tip

The information contained in this post is not to be relied upon.

This is a creative extra.

I also buy my own materials.

Looking forward to networking and learning from this community.