Appraiser in St. Louis, MO looking to Start investing!!

[Chad McIver]

Little background..

Im a certified real estate appraiser in St. Louis, MO.

I have enough capital to outright purchase my first investment property and flip, but based on current market conditions I feel that purchasing REO/auction based foreclosures, fixing , renting, and selling 3 years out is the optimal plan.

The problem I have is I do not want to spend all my capital on one property. I can not be successfull without leveraging my $.

I have excellent credit, but I feel that Conventional financing will be an issue as Im self employed and can not provide suffice DTI.

Could I setup an LLC and fund my first property. Then go to a commercial lender and show that I have postive cash flow on my first deal and hope they refi me to fund my next purchase?

Thanks in advance for your replys!