If your meeting with a realtor that is going to represent you, and they tell you an offer will waste everyone's time, then it's time for a gentle reminder. 

So rental upside is not super huge.Please be gentle. 

Gentle mockery?

Sorry, my mom is a Shakespeare buff and she would be proud :lol: So I was just about to go to the County Courthouse to file for an Assumed Name(DBA) but now I'm considering starting an LLC for multiple reasons and I'm curious as to what your opinions are.A little about me:I have not yet done a dealI have been studying for some time and I'm ready to get startedI have every intention of doing this full-time but I will not quit my day job until it's a realistic possibility(1-3 years)My only assets are my house which is homesteaded and a car with 100,000 miles and serious hail damage so I'm not concerned with asset protection at this pointI am interested in wholesaling/rehabbing(rentals in the near future)I have $10K-$20K startup capital I will be using Hard Money for my first several rehabsI have excellent credit (771)I am now thinking about starting an LLC in Texas(one-time $300 filing fee)for my rehabs because I want to build up business credit and season my company so I figure I might as well start now.Once I acquire rentals I will definitely setup an LLC but that is not an issue yet.Given the information, should I form an LLC or just do my first few deals as a sole proprietor and then get my LLC?

Originally posted by "msedwick":Really, you don't need to concern yourself with the sales commission if you are the buyer, other than the fact that buying through a realtor means you can't do a "no money down" deal.Please be gentle with me if this is a very naive question: Why does buying through a realtor preclude a "no money down" deal?

Its near a state university (buff state), but is not exactly in a nice neighborhood.

The new people I don't think realize this, they hop on the site and begin emailing us telling us of these great deals and you have to gently explain to them that you have already seen it, or better yet, it's your own deal.

Actually, "fixer-upper" is kind of a gentle term for the condition this house was in.

I'm a big history-buff and I like the "old west" stuff, not only that but I don't think neighbors would be too big of an issue.If you're an everyday mainstream person, then my entire message probably made absolutely no sense and sounded utterly stupid.

Do you say okay and end the conversation or to you, gently and tactfully, say that is more than you will be able to offer and was thinking something more like $60K (So you can come up a little)?