So we do all the work on the house.i have heard of Lima, but thought you need a high credit score and as I said I'm stuck with only 4k at this time to do this venture. 

@Russell Brazil My only off MLS deals were added to the MLS so the agent could get some form of credit for the sale. 

Good question: "My credit score is 620.

Especially interest rates on consumer debt such as non crucial items put on credit cards for 20% interest. 

Is there something morally wrong with having “no skin in the game” other than leveraging your personal credit and reputation?

Since he doesn’t have a SS# can I run a background/credit report on him?

I had always wondered about real estate but didn't know where to start and I didn't have any money and credit wasn't the best. 

Take wholesaling for example...no one heard of it during it's most profitable years after the credit crisis. 

But since have rebuilt credit and capital for down payment.Is anybody doing new construction small multi family projects and how are you financing them?

Rustin Nordsven If you have mortgages on them the lender will not let you transfer title without due on sale clause.Answer the question, if the LLC does not have income / funds for 2 years the bank typically will also have you guaranty the loan and it probably would go on your credit report