Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply
Need advice for setting up LLC, finding mentor
Hello. I am a newbie to REI and I am in the process of setting up my first LLC. I signed up with a company called Your Entity Solution (YES) through another company called WCAP Financial on Thursday for an unlimited LLC. However, after doing some more research with companies similar to these, I am wondering if I should cancel my contract (they have a 3-business-day cancellation/refund policy) and instead set up an LLC with a recommended attorney located in my area. YES does not have the authority to provide legal advice, and somewhere in my research I came across the 100K unsecured line of credit that they help new companies start out with for an additional fee...that sounded a little sketchy to me. Please advise! Tomorrow is my last day to cancel and get a refund.
Second, because I am new to REI, I am looking for a mentor. What is the best way to find someone? Should it be someone who is local? I appreciate your time reading this. Thanks.