First a little background to help your understanding with this:  A conventional loan (loans governed by Fannie Mae and Freddie Mac) do not allow you to close in an LLC name.  

The reason you cant get a conventional loan in the name of your LLC is that Fannie Mae, Freddie Mac, USDA, FHA, VA all require you to hold the property in your personal name and guarantee the loan.

Why, because I am using the Fanne Mae HomeStlye program as my flip and I have to use a general contractor and a HUD consultant on the flip.

@Chris SeveneyFannie Mae just released a $250M pool and now Freddie Mac released $600M pool….GSE’s are smart and reducing their portfolios

I know a lot of people are afraid of the "due on sale" clause when transferring property to an LLC, but if your loan is from Fannie Mae or Freddie Mac you're able to transfer without fear of the "due on sale" clause. 

I just want to know if it is worth the trouble to research a Fannie Mae property if it is going to automatically open too high to warrant a bid.

That is normal for a conventional Investment loan, so long as it's for an SFR (only).Here is the link to Fannie Mae: https://www.fanniemae.com/content/eligibility_info...

As Fannie Mae allows the utilization of rental income from day one on the new purchase, vacant or occupied qualifying is not any more difficult.

As for me, I think buy and hold, 20% cash on cash ROI Min. with a fannie mae loan is unbeatable.

If you are interested in foreclosures, I also search hud, fannie mae, and freddie mac sites.