We've never held a formal meeting (unless you count conversations about the properties over the dinner table).

Ask for somebody else in the department to handle the loan instead who has some seasoning about themselves....When you are at the closing table, you will sign the paperwork as yourself as a 'member' of the LLC....

You might be bringing those to the table for the Realtor as well.A realtor is only a "FOE" if treated as a foe or allowed to act like a FOE.

If you have a buyer who is ready to bring 10k to the table and all of the other numbers work, then it appears you are in a good position.

Interesting point about closing table payments, Wheatie...Essentially, when you buy the property, you pay the first year's insurance at the closing table (or even ahead of time directly to the insurance company and then provide proof at the closing table) this then starts your term. 1 year later you owe it again, that is where the escrow account comes in.Taxes are due when they are due, however.

Money on the table from the buyer helps to ensure that they stay in the deal to the option date!

I have gone to most of my closing tables and walked away with a check as I bought the property (granted I have a bigger loan, but now have rehab cash).My last deal, currently under way, they are willing to pay rehab (if it appraises right as per above), but I must provide receipts for rehab and they will reimburse me.See the link in this REO forum:http://forums.biggerpockets.com/viewtopic.php?

I have a current REO offer on the table with "and/or assigns" on it, but haven't gotten approval from bank yet.

Is there no way to do a double closing or flip on the table

My attorney has stated that the judge on that date will either let us accept the highest offer we have to date (we have 4 offers on the table now) or he will order a courthouse steps sale.