Hello Everyone,I have a house under contract and was reviewing best practices for LLC's and conventional financing.

I did one of these a while back with a multifamily in Massachusetts and it got a lot of positive feedback.

I am 22 and fresh out of college working a sales position for a food company.

After further review of the house it’s seeming like the renovations are bigger than I expected.

Essentially, they would be in 2nd mortgage position to the underlying 1st mortgage, but they have the right to foreclose in 2nd position if something happens to you.Happy Investing Derek Dombeck

I am looking to use the BRRR strategy so any real estate agent that has experience with that would be a definite positive in my books.

If you are not familiar with them, you need to be, but the chances that you don't already know about Don Campbell and Patrick Francey are just about nil so enough said.Durham is very much a strong place to invest because positive cash flow is still possible. 

Think of his position.

I’m sure it works that way with proper notice from the agency Prior to the sale, not positive about notifying them afterwards. 

Have you reviewed the rent roll, expense history, and pro formas from the previous owner?