So I’d be on the hook for 20% of the startup cost and would hold the same amount of equity in the LLC.We are currently looking for real estate to purchase in the LA area as the first deal this company does.I wanted to post a general high level summary of my situation to get the discussion going and see if other BP members are involved in similar situations.

Big pockets and access to cheap capital makes it possible for them to scale the business on a national level. 

@Cody StoneCall up your local banks and figure out what their level of understanding is on 203k loans.  

I just do not buy at those levels but long term maybe it works for you.  

Fast forward 3 decades samething and it happens faster now I imagine.

You get a lot of part time residential agents that dilute the profession and level of standards.

Are there any foundation companies out there that verify pipes are in working order AFTRR leveling , and will take responsibility if I have verified that pipes were good pre- leveling

Is this a good idea or is there a better/faster way to sell for at least 50% of the value of the property?

I am in the process of doing two at this time and would like to do more and go faster.

I'm guessing those folks either don't know they're not permitted, or simply don't care.Driving faster than the posted speed limit seems to be pretty popular too.