It just adds extra expense and lowers your credit rating.B. 

They use "reverse directories", credit bureau info mostly to locate people.

But my wife and I had some significant health issue and our credit and income won't qualify.So I am thinking of selling. 

I've never used transactional funding as it is a must, my credit is being disputed and I am low on funds. 

Assuming decent credit, there are 95% and 97% LTV conventional options that are generally better financing than 96.5% LTV FHA.

I've laid out my cards on the table and have no ulterior motives. 

Regardless of relationships, you should get term sheets from at least 3 different banks / local credit unions.You will likely have a personal guarantee on the loan (meaning you will have recourse if the LLC defaults on payments). 2) When making an offer on a property, is the offer in our names as individuals or in the LLC?

He is broke with bad credit, so I assume they financed him somehow...

On the personal finances, buying my first BRRRR side of things:  My wife and I are within 10 days of closing on a refi of our house in order to wipe out the divorce legal and settlement debt I racked up on second mortgage and credit cards back in 2014 and cut $800-1000 out of our monthly obligations. 

What is your credit score?