you can get on a team and get paid to learn.. there are some really big wholesalers that hire closers on a draw basis plus bonus .. so they have a means to live. while they get started.. much like the Auto industry with auto sales folks.  

I'm a mechanical engineer by day, so this is a totally new world for me.Anyone else have experience in Weber County and the surrounding areas?

He is not understanding the tax mechanics of having an LLC. 

Are there any mechanical problems? 

I've had flight cancel due to weather,  on my last closing my flight from LGA was cancelled due to mechanical failure I was able to rebook on a diff flight 3 hours later from JFK and had no issues getting to my closing..

I do engineering at Ford motors, with rentals in Detroit suburb and am well versed in What's coming up in major auto companies in michigan.

The mechanics of separating those interests isn't difficult. 

I have been fortunate enough to come across a commercial deal ( Auto Body ) which i quickly put under contract for 2.5m.

If he is the only one lending he will be auto 1st lien holder and yes attorney will take care of that.

If my guys and gals I fund want to use them I don't care I just don't want to deal with them.PS I like the car business if I was not doing this I would own a dealership... and I would finance sub prime auto debt.. big money in that these days.a few of my fishing buddies own big stores like Toyata and Chevey stores they as you well know make bank..