@Jimmell J Swan - Why wouldn't you just purchase it under your name and transfer it into the LLC once you finalize the purchase?

Apply thru www.creditcards.com - where they give options for Gasoline points, low interest rates, low balance transfer rates, etc. and also specify what kind of credit level is expected.

Create an LLC or a corporation but DO NOT transfer the property to it. 3.

Welcome Levi, nice to add more international flavor to BP Nation!

I look forward to being a resource in answering questions on commercial real estate finance (debt and equity), asset management, property management, work-outs, international mortgages, and all things CRE.

Well, that property certainly will not appreciate and infact it will be of less value than one maintained, so when you sell it....and ALL real estate is sold or transferred at some point and is ultimately carried at a book/appraised value to determine wealth (even if you drop dead and your kids end up with it) you lose the potential value.

Buyers rights hereunder may be assigned to the partnership, corporation, or other party, and any such transfer shall have all the benefits and rights that the Buyer has under this agreement.5.

Or can he transfer it later?

Check out international options.

Your best bet is to farm a few zip codes in your target market and find a distressed seller and handle the short sale internally.