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Updated over 9 years ago on . Most recent reply

Account Closed
  • Investor
  • Moscow, ID
1
Votes |
13
Posts

Need advice for setting up LLC, finding mentor

Account Closed
  • Investor
  • Moscow, ID
Posted

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.

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