Pay off your underlying obligation with all deliberate speed.

I also wonder about the tax impact (full recognition of capital gains at time of "sale") if this is done at scale where the seller may be construed as a "dealer".In my area, quite a few landlords seem to be converting their existing rentals to land contract deals, to get out of the landlording liability and transfer the maint to the buyer, while still maintaining the ability to evict (rather than foreclose) within the first 5 years.

I think a coach is only a catalyst that is going to speed up whatever result you were going to get anyways.

Saving up is great but if I'm able to do a couple Lease Options or Wholesale deals, that'll only speed up the process!

He never used one bank loan because he had a need for speed.

Josh is right: Put a padlock on your wallet while you're getting up to speed.

I’m still getting up to speed with real estate taxonomy, so I will need some time to digest the info, but it sounds like the easiest (at least from a legal and tax standpoint) is to start the LLC first, then get the loan.

As someone who makes offers primarily over the phone I'm taking a hard look at docusign.com to email my documents and have them signed electronically. echosign.com is another popular alternative.

The good side is it ...

It was a speed networking meetup.

Time is a big variable and for me I am willing to take my chances on speed as it can be out of anyone's control.