You also would avoid having your credit rating hit twice.3.  

@Nate MorrisIt is good to buy the LLC if it comes with licenses, leases, good credit, history, etc.  

Wondering what credit card you like to use to manage your VR/STR to reap the points from general Op Ex? 

My credit rating is nothing to write home about.

It also puts any Sand Bagging listing agent on verified notice and/or "Forces"  them to cooperate in showing their own listing should you need them too and better ensures your offer actually reaches the seller...who's already loving you in advance and asking about you!

A Home Depot line of credit for 5k got it done for me with a very cheap contractor and good friends and family.

I have excellent credit, a 126k salary, plus about $30k of my own savings. 

well  before you work with Jack you should treat him like a tenant..pull a credit report and run him through a criminal and general background check.if he balks you have your answer.it always amazes me that folks will jump into these large partnerships with a ton of risk and not even do the basic background on the partner.but rent some 12 dollar an hour person your rental and you would never do it without doing the above.now most folks will jump on here and say brilliant things like RUN  LOLbut lets be pragmatic here and just check the guy out first.. then when you have that info.. go from there.Also be careful on how you deal with the bank you don't want to put in a fraudulent application..

My question is regarding the sale of our primary residence- my husband had some credit issues way back when so my parents helped us with our loan and we left my husband off the loan and deed when we bought in 2014.

My credit scores are around 690 -700.