There is also the tries and true methods of networking, letting lawyers, real estate agents, contractors, pool service companies, landscapers that you are looking for people with properties that are facing difficulties. 

Is what my bank telling me true or is there something else we are not thinking of?

Don't forget that as a Bigger Pockets member you get a 10% Discount.I would send a six month campaign starting with small text Postcards, then Yellow Letters, followed by Large Text Postcards, then a Professional Letter, Greeting Card and finished with a ZipLetter.

This is how much you owe in credit cards and other debt(including the mortgage that you are applying for) divided by your monthly gross income.

True, thank you for your reply, i have had my sights on single family in palmdale / lancaster california area.  

Their true intentions come out eventually.Be sure to read through the rules of the forums here.

It also means possibly setting up a separate credit card for the LLC if you use credit cards.  

@Dante PirouzThat is not true.

No financing cost because my is pretty wealthy and Its a true cash deal.

I am sure there are some that operate that way, but to assume the need to sell on a gimmick is simply not true.