I need to sell to investor at 75% of ARV (Purchase price+rehab) in this particular area. 2. 

My question is, does the 6 month wait time on mortgaging it still apply since an appraisal wasn’t done when I purchased it?

I would, personally, let him exhaust all his funds on the purchase and then you come up with a loan that finishes off the acquisition financing and then holds the rehab funds in escrow in an account you and your brother sign off on for withdraws.I do not think I'd put a lean on the property. 

The procedure, timetable, and any legal or regulatory requirements should all be understood when performing due diligence for a purchase.

We spoke with a lawyer who advised forming an LLC to purchase the home to protect our personal assets.

Purchase price: $210,000 Cash invested: $21,000 2/2 condo, in a 314-unit complex. 1.7 miles from the beach, great location.

We are 4 younger guys recently out of college looking at forming an LLC to purchase our first investment property.

Is this a purchase or refinance ? 

I'm a Navy Veteran and would like to use my VA loan to make my first home purchase sometime next year.

in hopefully launch into a real estate sector I would like to pursue, learn more about and purchase, etc.