If not, you may be better off selling and purchasing something else. 

Purchase price: $120,000 Cash invested: $100,000 Sale price: $300,000 Home was completely renovated cosmetically and partial plumping replacement.

The process of purchasing a property takes a little time, but typically less than 60 days.

It also allows to finance the rehab cost into the purchase price.  

I'll be doing this under an LLC and I'm not sure if my personal debt to income ratio will affect the purchase or if the LLC is considered to have its own debt to income ratio.

If the lender defaults, will the fact that I purchased the loan as an individual with no licenses compromise my capability to collect/foreclose? 

There are cases where certain portions of the NNN Expenses are capped at increasing more than a certain amount over the previous year which is another thing to take note of when purchasing an existing asset because if the NNN's are capped then the owner runs the risk of absorbing a portion of the Operating Expenses which ultimately kills cash flow. 5.

I was doing reviews for a specific company as use for gaming demos due to it's compact size and LED/Laser light source.

The loan officer says the refinanced amount would be 75% of the purchase price and not the new appraised value after rehab.In this case, is it a bad idea to transfer ownership of the duplex into my family member's name and then purchase the duplex back but this time financed? 

Purchased for $155,000 complete flip put almost $70,000 in it.