An LLC gives you limited liability without imposing double taxation on you, the way a corporation would, where the corporation is taxed and then you are taxed again when the corporation distributes profits to you.  

I left corporate America in July to pursue RE investing full time.  

In a few months I will transition to RE Sales FT, and before I leave my corporate job, I like to try an use my benefit, and move on as a sales person and newbie investor. 

I spoke with a real estate attorney and asked his opinion, and he recommended an S corporation.  

@Melissa Rivera Not necessarily but lending to a corporation is standard practice.  

This means keeping corporate records, following corporate law, having separate bank accounts, not co-mingingly funds/property, etc.

My name is Abed Asghar and I currently reside in Laguna Beach.I had a job at a large fitness corporation and have always wanted to get into real estate investing.

Our plan was to pay off our loans as fast as we can, start a corporation to mitigate risk and start a joint savings account where we do 50/50 contributions to build up cash to invest. 

You can then send a letter to whatever that address is.Couple things to look out for: (1) type their name in the property appraiser to check if they own multiple properties - if they own 5+ properties it's not worth your time mailing, (2) many vacant or abandoned houses are REOs - make sure you aren't sending mail to banks, corporations, etc.Lastly, if I was doing driving for dollars, I would not mail a yellow letter.

Has anyone every used Midwest Corporate Credit company for their loans?