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.

And yes I recommend using your full entitlement (going to $453100) as you find a high cash flow asset.

Typically 65-70%But no, no "professional" asset based lender will go into 2nd position.

She also speaks three languages so she can be an asset to any firm.Thanks!!

I say get a good specialized buyers attorney that's familiar with asset type and area.

It's the same with a fund  - "oh I wish I charged this fee; or set up this structure; or allowed myself to buy these assets."

My goal is to obtain $70,000 in passive income with a long term buy and hold strategy withing the next 10 years.I want to achieve this so that I can comfortably travel the world and gain life experiences, spend more time with friends and family, and pursue any other goals or interests without having to rely on a full time job.