I live in Texas where LLC's are very popular asset protection tools.  

this technique was a lot more popular about ten years ago , basically you would want a cash back if some of the renovations would not be done.I never did one myself but heard a few people who did, cant tell you if it's legal or not though.that being said, the schl and the bank will evaluate the place and see if it's worth that price.how is the wholesaler getting paid?

. :) It is amazing how many tools are available today.

Often times it seems newbies get into the loan space only to find out they need more tools than the latest greatest guru seminar told them about which is roughly a FC attorney and some form letters.  

2 Points:@Dalton Hirst I sent you a Portal, great tool for property access that we can both use.

Real estate is also becoming a very popular investment strategy.

@Vina Real a self directed IRA can be a great tool to build your wealth with significant tax advantages. 

Two different strategies, you can't mix them but both can be very powerful tools helping you build your wealth. 

@Chris Porter Definitely take advantage of your VA loan, great tool to house hack. 

Be sure to utilize all of the great tools and connections with fellow members.