We are now looking to create a LLC for which we will put this property and future properties into.

Hi all, I remember hearing a BP Podcast about refinancing properties, there was a comment made about refinancing out of an LLC that you own - as long as “your arms length away”, but this method was not expounded upon.

Looking for a lender that will lend to an LLC in Texas with only one property under it so far.

We recommend you read our series here on BP: How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIf you focus on putting together a good team and can get them working together, you dramatically increase your chances of investing long distance successfully.

Also, a great next step if/when your offer gets accepted is to open an LLC if you have not done so already.

These details are for homes held in a personal name, not an LLC.

Since originally applying, I have hooked up with a partner who will own 50% of an LLC we are creating for this joint venture.

Conventional loans won't loan to S Corp or LLC.

Also, should I set up an LLC or S-Corp to have payments go to instead of me personally?

When you say Fourier Builder you mean a contractor that builds/remodels the same series of houses?