They proposed I pay the $45,000 and then sell it on contract or lease it back to them or some such.

I'm new to investing so i have a few questions about startup.1. how do i go about creating a proposal for getting private money i feel i would be more comfortable going after my first deal if i knew the funds was going to be available.2. is it better to have an llc when trying to get private funds that way im not personally liable3. can i get a ball park figure on average what the lawyer fees would be to set up it up because i'm on a shoe string budget(living paycheck to paycheck)any good advice would be appreciated i feel like such a noobie

Sub2's would probably be better, but you'd need to find them and propose it, as they're of course not readily offered.

Right before the economy went down there were plans to build some sort of commercial building (medical offices I believe). the proposed plan never happened and now everything is on the market again.

His proposal sounds okay to me but I'm wondering what the BP community thinks.EX: The property cost 139K and needs 41K in repairs.

I was embarrassed at my naive expectations, but now realize I have to put on my big girl panties and DO something.I made several inquiries to mgt firms and am compiling proposals on behalf of our board.None of us have any experience, but are trying to learn and make the best choice.  

Changes in legislation and even rule implementation within a department has been a major mover of markets. 

The proposal would have continued to use “consumer credit transaction secured by a dwelling” and would not have adopted “residential mortgage loan” in § 1026.36.

Or we do it when our specific conditions don't fall into the "normal" category, we can still propose a design that will work we just have to do more design calculations and "show our work" for the math behind it.The problem becomes not that we can't do it, but that every new item we propose has a level of scrutiny it undergoes before it will be approved.

@Kyle Soderman I don't know how MN will legislate the Series LLC.