Same as residential, pretend you're starting a business or shop and need some space.

I would ask for a referral or call on homes that are for sale and see how the agent responds when you pretend to be a buyer.The 1st and only agent I have used to sell a house, I was driving around, called on a house for sale, and a Black female agent answer and shes was on fire, she had good vibs.  

Hello, everyone I'm from Wilmington, Delaware and I've been listening to most of the podcasts (I'm not going to pretend like I heard all of therm lol.)

I had to use one of mine to process and pretend to be him.

So in summary, you are thinking to do A) do something that isn't fun in order to leverage that into real estate investing, or B) throw in the towel, buy a new debt, and pretend that you'll one day be an investor.If those are the basic options you're considering, go with B.

.$70,000 out of pocket v $12,250 out of pocket (let's pretend closing costs are identical, so only the down payment changes).What is the cost of keeping that $57,750 in your pocket? 

As for Trusts, if you went the land trust route you're unlikely to have the kind of control you're wanting or the kinds of benefits you're envisioning, as you would need a Trustee that isn't one of the LLC stakeholders, and you wouldn't have very much control over the management of the land.Generally speaking, a Judge isn't going to smile and say, "Oh yeah, he totally renamed himself Joe Smith LLC Un, Joe Smith LLC, deux, Joe Smith LLC trois" and pretend these aren't all the same owner for the purposes of FHA. 

Don't pretend to know your state laws but it has gotten tougher to get Title and Escrow to cooperate in these types of deals.

Ron,To be clear, without intending to offend anyone; I personally do not believe there is a "right and legal way" to ethically wholesale real estate... without a license, and certainly not with a license.However, as with unlicensed property managers, the Ohio Division of Real Estate is reactive, not proactive in their enforcement; meaning that they only react when a complaint is filed.Like others have said, contract law allows people to assign a contract within the law... but that does not make it right to take a property from a widow for a fraction of its value when one is pretending to help her.Anyone who wants more info can PM me.

That's the reason so many people jump on wholesaling when they are starting out.So pretend you send out a bunch of marketing.