Starting company! Exciting yet intimidating!

[Kyle Dutson]

Well, upon much consideration I have decided to put myself out there and start up an investment llc. The reason being that I eventually intend on doing this at some point and do not want to go through the hassle of transfering assets once I aquire them. Plus I also think it may help with finding lenders if I have an established co. with a solid business plan. Oh, and in the state of wyoming it is very affordable to create and maintain an llc.

But, the catch is that I have no practical experience in real estate investment. So, the quest for lenders is my first order of business.  I am not too concerned in finding them as I talk well and can be convincing but have some reservations.  Mainly, that I am honest and will run my business as such. That said, my transparency in my no practical experience is my downfall. I do believe though, that once lenders are in line the deals I secure will speak for themselves. Just securing lenders is the first and most daunting challenge. 

So, I am here asking for suggestions/pointers and anything else. No holds barred here. Constructive criticism welcome, suggestions, anything. 

Note: this venture and networking will begin very soon. As of now my employment is keeping me VERY busy but will be shifting in the next month. At which point I will have more time to concentrate on my dreams.

[Thomas S.]

Beginning with a LLC will most likely make financing much more difficult to obtain.

Start small with a property in your own name, Create a track record to provide proof of success. Once your own portfolio begins to successfully grow the money will follow.

Proving your own personal investing success first will be your most daunting challenge.