Wondering if the following is possible:1) set-up a LLC and self certify as an opportunity zone 2) used hard $ fund to close on the property 3) sell property to create a capital gain4) Use capital Gains to renovate the new duplex in opportunity zone (100% of purchase price) 5) refinance or sell more property to payoff Lender. 6) Rent and hold 10 years to maximize tax benefit. 

Hello BiggerPockets,I was wondering if anyone has ever done a deal or worked with Prosperity Through Real Estate, LLC?

With each property we buy/sell as its own LLC, policy management could get tricky?

It would be possible for the two individuals to get personal loans and purchase the home, but WAY easier to form an LLC and get a commercial loan to the LLC, made up of the two of you as individuals.Commercial loans for the win!

I have a 50/50 partner in an LLC and we are rehabbing a home with an upstairs and downstairs unit.

Currently our RE Fund is structured as an LLC.

Typically these will be loans to a business entity (LLC) and will be based off of appraised value instead of purchase price.

Can people using their own names instead of an LLC to qualify for a hard money loan, or do you have to have an LLC to get hard money?

I’d say the easiest thing would be to create an LLC, not that expensive to do.

I'm very interested in learning more about that and ultimately I do have a self-directed 401k through my LLC that has a relatively smaller amount of money in it that would be worth pursuing if the education in that regard looks promising.