My property management team and contracting team conducted a renovation to allow us to seek top-of-market rents.

Can I wholesale property out of state using my LLC as the party conducting the wholesale deals or do I need to look into a foreign LLC. 

The tax certificate sale is conducted in a manner similar to an auction.

In essence lets say you as the buyer find out you can obtain a home for $50,000 and the cost of rehab is $20,000 the loan would go something like this:$50,000= Purchase$20,000= Rehab$10,500= 10% to 20% out of pocket$36,000= Released to GC for rehab this amount is conducted by several things including 6 months PITI$95,500= Loan amount$100,000 after repair valueNote: any money not use in the escrow rehabilitation account will be credited to the principal balance of the original loan.

For the bankers out there, the underlying rule is conducting business within "PRUDENT LENDING PRACTICES" (not yelling).Consider it this way, a property is worth what it sells for regardless of what someone says it's worth.

I do agree with him about getting preapproved right away, but your choice of lender is very, very important (read THIS).I would also like to invite you to visit MY WEBSITE to learn more about me, conduct MLS-direct property search, & access a variety of valuable resources.

You can conduct your own search, YES.

If so, then, you should not be in a partnership with him.Ok, with that said, I am part of a five partner LLC and the rest of my partners have given me power of attorney to conduct RE transactions on their behalf.I have completed purchases with them having a good sleep at nights. 

There will always, no matter what business you conduct, there will always be somebody doubting your efforts.  

I would be sure to conduct your research (as it sounds like you are!)