Quote from @Mei Zhu: Any suggestions on when is the best time to set up a LLC, is it too late to get it after an offer is accepted? 

Quote from @James Mc Ree: Without knowing anything else than what is here, my guess is your obstacles are either zoning or prohibited basement habitation.

Quote from @DeAndre Mason: So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof.

Quote from @Chris Seveney: Wanted to post and see if anyone has a GC recommendation as well as someone who could project manage a renovation project I have in Henderson NV.

Quote from @Gustavo Mendoza: It's a SFH.

Quote from @Chris Seveney: Quote from @Deandre Brown: Hey BP fam,I have a quick question: Has anyone had experience with a Residential Mortgage Loan Originator (RMLO)?

Quote from @Mike Klarman: I always say that your experience in REI financing will depend heavily on who you deal with as a Loan officer, processor, or broker. 

Quote from @Reva Schwob: Hey all,What are the most efficient marketing strategies for finding qualified leads besides cold calling and print mail?

Quote from @Garrett Wagner: I have a stipulated judgement against a former tenant who is in breach. 

This is a very broad question but to give a general answer, the reason why they exist is to finance properties that won't fit the typical bank credit box.