For Realtors, most MLS's also offer an assumable search (for those that are identified correctly) when noted investors can find this information on additional details at the bottom of real estate sites like Zillow and Realtor.com under 'Terms' usually it will say conventional, cash, assumable...Title companies can be helpful with verifying the original loan balance and original note date which is a good indicator of the sellers note rate and how much principal they've paid down based on an ordinary amortization schedule. 

I own two real estate companies in Hilton Head and Bluffton.

@ariana alexic - typically, the management company is an empty shell entity (holding no assets) that is used simply for the purpose of dealing with third parties (signing contracts, leases, etc).

The worst thing you can do is to choose one contractor and use all of their subs out of state.

Our group is helping a client now with a heloc on an investment property in the tri-state area. 

I could assist with a referral company!

I own equity in two different syndications, one managed by Brian Burke's (Hands-off Investor) Praxis and another is managed by Robert Kiyosaki's (Rich Dad Poor Dad) property manager MC Companies. 

You state that the ARV will be $240K.

IMHO, you should at least break even (depending on your state) on your real estate and if you don't then don't move forward.  

I’d recommend trying to decide which route you prefer after the original hard money loan because the amount of time to actually create my last LLC was much longer than I expected despite the company that was doing it saying they had like a 2 day setup.